SBA Pre-Approved Franchised Sandwich Shop
RRC# 4489
Location: San Diego County
Description:
SBA Pre-Approved on highly profitable national sandwich franchise. Loan payments estimated at approximately $5k per month (4% of revenues) for fixed 10 year loan at 9% interest.
Strong demographics where business is located with excellent daytime and evening traffic counts. Located in high end retail center with professionally built out tenant improvements totaling $350,000 to construct. Revenues have increased every year since opening including during covid and net profits currently exceed $180,000 per year. Traffic counts have increased every year except 2020. Traffic only saw a 3.3% decline in 2020 over prior year. Traffic counts are up 31% since 2020. The average ticket is up 33% since 2020 per customer visit.
For more information please visit: https://www.restaurantrealty.com/listings/4489/
Financial Information:
Monthly Revenue: $101,000
Monthly Cash Flow: $15,000
Annual Revenue: $1,210,000
Annual Cash Flow: $180,000
Annual Payroll: Contact for Info
General Info:
Ownership: Corporation
Established: 2016
Current Owner: 2016
Employees: Contact for Info
Reason For Sale: Other Interests
Monthly Rent: Contact For Info
Expiration: 2026 plus Two options at 5 years each
Facilities:
Square Feet: Approximately 1,200 square feet
Seating: Contact For Info
Parking: Very Good
Licenses: Contact for Info
Days/Hours of Operation: 7 days per week