Two Successful Submarina Franchises

Not Disclosed, CA
Riverside County


Asking Price: Annual Revenue:
$574,000 $1,348,133

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Two Successful Submarina Franchises Broker: Linnea Westlake
Owner Financing is Available!
229600.00

Quick Facts

Asking Price: $574,000
Annual Revenue: $1,348,133
Net Profit: Not Disclosed
Cash Flow: $278,106
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 16
BBN Listing #: 64833008
Broker Reference #: 2401-965167

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Business Overview:

Submarina – Lancaster and Murrieta
Two Solid Franchise Stores being sold together.
2018 Total Sales: $1,348,133
2018 SDE: $278,106
Asking: $574,000
No franchise transfer fees. Training provided by seller and Franchisor in Southern CA.
This submarine sandwich franchise started in San Diego in 1977. Product quality and friendly service fostered success. Sandwiches are made from local fresh ingredients, meats and cheeses are sliced in front of customers, and breads are fresh baked locally and delivered to shops 7 days per week. This is a delicious generously proportioned sandwich.
Original Franchisors retired a few years ago and turned over the reins to experienced successors who intend to improve franchisee experience and support.
Business is ready for a new owner operator to step in full time – ideally replacing at least 1 FTE - while focusing on growth through increased catering, delivery and walk in business.
Open 10am – 8pm M-S, 10am – 6pm S
Locations:
830 W. Avenue, Lancaster, CA 93534
100% Staff operated with 8 part-time employees.
2018 Gross Sales: $593,784
2018 Net Ordinary: $90,181
Monthly Rent incl. CAM $2,880.23
Price: $229,000
33040 Antelope Rd. #101, Murrieta, CA 92563
8 part-time employees. 4 are related to seller but may stay after sale.
2018 Gross Sales: $754,349
2018 Net Ordinary: $147,925
2018 SDE: $187,925
Monthly Rent incl. CAM: $4393.52
Price: $345,000

PLEASE do not engage with employees, customers nor neighbors in any conversation related to the potential sale of these stores.

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Property Features and Assets:

Lancaster opened March of 2010. Murrieta opened May of 2012

Reason for Selling:

Other business interests

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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