Sandwich Shop

South Pasadena, CA (Los Angeles County)

Sandwich Shop

Asking Price:$85,000

Cash Flow:N/A

Gross Revenue:$180,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1986

Sandwich Shop

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Business Description

Excellent location, Major Street, with lots of cars and foot traffic. This well-established business was with the previous owner for 27 years, (8 months with the present one). The shop is 1,170 SF, rent is $3,440/MO, and the gross sale is $15,000/MO. Has no hood, but is equipped with: a walk-in refrigerator, a freezer, a deli case, 2 steamers, a meat slicer, a cookie maker, a toaster, a microwave, an electric waffle pan, in addition to a good storage area, and a large office.
Serves cold cut sandwiches (ham, beef, turkey, grilled cheese, salads and more). New buyer can open for breakfast, or add Panini, an electric oven for pizza or fresh squeezed juices.
Business opens 6 days with short hours. Monday-Friday 11:00-4:30 and Saturday 11:00- 4:00. Can seat 12-16 patrons plus 2 tables outside. Current sellers are a retired couple coming from a public career background and never worked in the food business. It would be a fair statement to say that this establishment is not managed nor advertised properly. An energetic operator with new ideas and passion for food will definitely expand this operation and move it to its next level. South Pasadena is a well-known destination for investors seeking a prosperous, stable and promising marketplace. Here the city has always been active and involved in arranging multiple monthly events and activities to drum up business that benefits the general area. This is an asset sale; all equipment, furniture, fixtures and inventory are included in the sale price. Owners are motivated and will consider any reasonable offer.

Detailed Information

Employees:
4 part timers.
Facilities:
Excellent location, Major Street, with lots of cars and foot traffic. This well-established business was with the previous owner for 27 years, (8 months with the present one). The shop is 1,170 SF, rent is $3,440/MO, and the gross sale is $15,000/MO. Has no hood, but is equipped with: a walk-in refrigerator, a freezer, a deli case, 2 steamers, a meat slicer, a cookie maker, a toaster, a microwave, an electric waffle pan, in addition to a good storage area, and a large office. Serves cold cut sandwiches (ham, beef, turkey, grilled cheese, salads and more). New buyer can open for breakfast, or add Panini, an electric oven for pizza or fresh squeezed juices. Business opens 6 days with short hours. Monday-Friday 11:00-4:30 and Saturday 11:00- 4:00. Can seat 12-16 patrons plus 2 tables outside. Current sellers are a retired couple coming from a public career background and never worked in the food business. It would be a fair statement to say that this establishment is not managed nor advertised properly. An energetic operator with new ideas and passion for food will definitely expand this operation and move it to its next level. South Pasadena is a well-known destination for investors seeking a prosperous, stable and promising marketplace. Here the city has always been active and involved in arranging multiple monthly events and activities to drum up business that benefits the general area. This is an asset sale; all equipment, furniture, fixtures and inventory are included in the sale price. Owners are motivated and will consider any reasonable offer.
Growth & Expansion:
great room for expansion: opening for breakfast, adding panini ,or an electric oven for pizza or fresh squeezed juices.
Reason for Selling:
Retiring.

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Michael Raad

Business Listed By:
Michael Raad

Century 21 Golden Realty

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