Quality Fresh Submarine Sandwich Franchise in Oceanside

Oceanside, CA
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Asking Price:$75,000
Gross Revenue:$450,000
Rent:$8,769.56/Month
Established Year:1997
Cash Flow:$40,000
Inventory:$5,000
FF&E:$20,000
BUSINESS 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.


DETAILED INFORMATION
Location
Oceanside, CA
Inventory
Included in asking price
Real Estate
Leased
Lease Expiration
01/06/2029
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: 5 year, with 5 year option
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
focus on young family
Franchise
This business is an established franchise
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Linnea
Westlake
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Linnea Westlake