2 National Franchises in One Store Sandwich/Ice Cream

San Mateo County, CA

Sandwich/Ice Cream Francise
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Asking Price: $250,000

Cash Flow: $151,673

Gross Revenue: $655,349

EBITDA: $106,673

FF&E: $75,000

Inventory: $10,000

Rent: $6,587 /Month

Established: 2003

2 National Franchises in One Store Sandwich/Ice Cream

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Business Description

Absentee run, manager in place and will stay, established 2003, present owner since 2013. Combination store with two national franchises - one sandwiches, one ice cream. Located in a beautiful street retail building in a downtown area with excellent visibility and traffic. Opportunity to grow with development of catering/delivery for businesses, private parties, etc.

Beautiful facility - shows very well. Complete training provided by the franchises, no experience needed.

Attached Documents


Detailed Information

Location:
San Mateo County, CA
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,900
Lease Expiration:
8/31/2023
Employees:
2FT 8PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Beautiful street retail in high-end mixed use building in downtown high-traffic area.
Competition:
Two well-known national franchises give this business competitive advantages of brand-name recognition, professional signage, menu consistent with other stores in the brand, national advertising, new product development, corporate business systems, etc.
Growth & Expansion:
Upgrade local marketing, develop delivery and catering accounts with local businesses, private parties, events, etc. If buyer works in the store, sales usually go up, too!
Financing:
no
Support & Training:
Franchise 1 - 4 weeks Franchise 2 - 3 weeks
Reason for Selling:
Owner has 5 stores spread over 50 miles - too much commutiing
Franchise:
This business is an established franchise
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Noel Carpenter

Business Listed By:
Noel Carpenter

California Equity Advisors

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Memberships & Certifications:
Indicates membership in The California Association of Business Brokers (CABB).

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