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Bay Area Deli Franchise For Sale

San Jose, California - North
Asking Price:
$150,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$500K - $1M
Cash Flow:
Under $50K

BAY AREA DELI FRANCHISE
This store is part of a nationwide franchise chain of 250 fast casual sandwich restaurants owned by an investment capital firm since December 2015. Their headquarters are in San Jose, California where the franchise originated. The owner has been here for 28 years and is ready to move on and pay more attention to his second location. The sales and net have been flat for the last 4 or 5 years; the business needs a new more energized owner willing to devote more time and management skills to the operation. Several years ago the owner did the upgrades required by the franchisor so a new owner should be able to operate the business without additional expenses from the franchisor.
BTI # 8470
Sales: $518,551 Purchase Price: $150,000 Down Payment $150,000 Cash Flow $30,437
For 12 months ending Dec 2016 from Owner’s P&L Inventory $2,500
Rent $5,840 NNN $1,304 Bldg Size: 2,000 sq. ft. Lease Exp 3/31/18 Two 5 Yr Options Employees: 4 FT 5 PT Owners: 1 PT Hours: Daily 10:00 AM - 9:00 PM
Reason For Sale: To concentrate on 2nd store

Property information

Real Estate:

Lease

Lease Terms:

Rent $5,840 NNN $1,304
Bldg Size: 2,000 sq. ft.
Lease Exp 3/31/18 Two 5 Yr Options

Leasehold Rent:

$85,728 per annum

Location:

Santa Clara County South Bay Area

Premises Details:

Rent $5,840 NNN $1,304
Bldg Size: 2,000 sq. ft.
Lease Exp 3/31/18 Two 5 Yr Options

Size in square feet:
2,000

Business Operation

Reasons for selling:

concentrate on second business

Trading hours:

Mon - Sunday 10:00 AM - 9:00 PM

Employees:
4FT 5PT
Years established:
28

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

two weeks for 40 hours per week by seller
4 weeks for 40 hours by franchisor

Furniture / Fixtures value:
$30,000 - included in the asking price
Inventory / Stock value:
$2,500 - included in the asking price
Related Documents:

Contact Broker

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