Profitable Sandwich Franchise- Owner Absentee

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This listing is: Off Market

Background

BizEx ID:BizEx761-MS
General Location:Monterey Park, CA
Category: Restaurant

Years in Business:14
Under Present Owner:14
Hours of Operation:M-Sat 10:30 am-9pm, Sun 11am-8pm
Owner Hours:varies
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2018
Lease Options:1 @ 5 years
Building Size:1531
Employees:10
Reason for Sale:Going back to school

Financials

Asking Price:$165,500
Down Payment:Negotiable
Gross Sales:$474,700
Discretionary Cash Flow:$55,500
FF&E:
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$5,395
Financing:Call

2011 2012 2013
Gross Sales $ 481,597 $ 489,818 $ 474,709
Gross Profit $ 308,230 $ 324,213 $ 304,098
Disc. Earnings $ 77,000 $ 81,153 $ 68,214

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations