Quality Fresh Submarine Sandwich Franchise in Oceanside

Listing Number: 2401-762317

Description

The franchise is considered by many to offer the best tasting submarine sandwiches. Artesian breads are baked fresh daily, prime meats and perfectly ages chesses are sliced in front of the customer.
Long established sub shop has been in its current location in busy strip center with anchor tenants for decades. Current owners of 5 years are largely absentee, though these stores tend to perform better when ownership is present and working in the store.
Currently there are 8 part-time employees including a manager. Owner oversees manager, creates employee schedule, orders goods.
The seller wishes to focus all her energy on young children. The opportunity is especially well suited for a local family to embrace and grow. Walk-in, pickup, delivery, and catering is offered with significant growth opportunity associated with attracting more repeat catering customers.
Royalties are 8%. The transfer and training fees have been waived. Rent including CAM $8,769.56 is per month. 2024 Proforma revenue approximately $450k with Proforma SDE estimate $40k. No SBA or seller financing. Price $75,000.

Listing Details

• Price: $75,000
• Down Payment: $75,000
• Sellers Discretionary Earnings: $40,000
• Total Sales: $450,000
• Location: Oceanside, San Diego County, California


• Inventory: $5,000
• FF&E: $20,000
• Employees: 8
• Year Established: 1997
• Reason for Selling: focus on young family
• Category: Restaurants