Sandwich Shop With Increasing Sales In Salem Oregon For Sale

Business description

The owner wants to sell, so the asking price has been reduced!

This popular sub shop brags about the fresh baked bread for the many varieties of sandwiches. And they don’t stop there - also offering delightful salads, soups and cookies. This franchise restaurant has experienced steady sales increases since they re-opened in June, 2010. With an owner-operator, sales should continue to grow.

The interior improvements are many:
1) remodeled floors and walls
2) new prep table
3) new freezer
4) repainted
5) refurbished the refrigerator
6) replaced the mixer
7) new shelving to improve storage!

They are open Monday through Friday from10:30am to 7pm, Saturday from 10:30am to 5pm and closed on Sunday. It operates with 9 part-time employees and is absentee owned. It does need an owner-operator. The lease is in place until 2015.

Reasons for your consideration:
- A well known, proven franchise system
- Many loyal customers who appreciate this difference
- An existing loan of about $22,000 may be assumable; so your cash outlay could be less.

This is what the buyer receives:
• All equipment and personal property,
• Use of the location of the business, subject to landlord approval of buyer,
• Fully built out tenant improvements.


Asking Price: Now Only $58,000., plus inventory and franchise costs. This is a bargain, considering this business can easily cost $100,000+ to open from scratch. Plus, you have a solid existing customer base.

Property information

Real Estate:

Lease

Lease terms:

Lease expires 2015

Location:

Easy in and out, eye catching building, popular sub-sandwich shop

Premises details:

Come see the remodeled, refurbished and updated facilities

Business Operation

Reasons for selling:

Other business interests

Trading hours:

10:30 am to 7 pm Monday - Friday
10:30 am to 5 pm Saturday
closed Sunday

Employees:

9

Years established:

2010

Other information

Support & training:

Seller and franchise will train