Quality Fresh Submarine Sandwich Franchise in Escondido

San Diego County, CA

Seller Financing Available

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Asking Price:$250,000
Gross Revenue:$560,000
Rent:$5,136
Cash Flow:$111,000
Inventory:$4,000
FF&E:$9,000
BUSINESS DESCRIPTION

Quality Fresh Submarine Sandwich Franchise in Escondido. Long established sub shop in its current location in busy strip center with anchor tenants for decades. The shop is considered by many to offer the best tasting submarine sandwiches. Historically one of the highest performing franchises in the system with loyal customers returning for decades. Artesian breads are baked fresh daily, prime meats and perfectly ages chesses are sliced in front of the customer. 4 PT employees plus owner.
The seller who took the reins in February of 2023 wishes to move on to pursue other business interests. 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% but the transfer and training fees have been waived. Buyer should plan to invest another 1% of revenues in local marketing. Rent including CAM $5136 is about per month. 2024 Proforma revenue approximately $560k with Proforma SDE estimate $88k. SBA not possible. Price $250,000.


DETAILED INFORMATION
Location
San Diego County, CA
Inventory
Included in asking price
Real Estate
Leased
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: Will match 10 year franchise agreement
Growth & Expansion
catering and local marketing
Financing
Owner Financing Interest: 10% Owner Financing Terms Months: 12
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
other business interests
Franchise
This business is an established franchise
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Linnea
Westlake
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Linnea Westlake