Price Reduced-Sandwich Shop with "drive thru"

Marion County, OR

Price Reduced-Sandwich Shop with
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Asking Price: Get Financing: $60,000

Cash Flow: $40,861

Gross Revenue: $696,916

EBITDA: $40,861

FF&E: $158,840

Inventory: $4,000*

Lease Rate: $2.47 /SF/Month

Established: 2007

*not included in asking price.

Price Reduced-Sandwich Shop with "drive thru"

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Business Description

This well established and well known sandwich shop features freshly baked breads that compliment the fresh ingredients on the sandwiches they prepare. The business is very inviting and allows customers an opportunity to enjoy their lunches. The business has a history of preparing only the freshest sandwiches with the freshest products The business also features a convenient drive-thru.
Due to a recent lease reduction, the profits have increased and the business will continue to grow and maintain the profitability. The business is located in a "food complex" area but is the only business offering fresh ingredients on freshly baked bread.
The business is a partnership and the co-owner works in the business 20-30hrs/ week and is wishing to retire. The other owner operates another business in a different city and will not retain any ownership

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,400
Lease Expiration:
N/A
Employees:
owner + 7-9pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This modern upscale building offers excellent curb appeal and ample parking. The building is 3,400 sg ft with a fully equipped kitchen and seating for 75. The building also features a convenient "drive-thru".
Competition:
This business is located in fast food area with burger and taco businesses. However, it is the only sandwich shop in the area that features freshly made ingredients and freshly baked breads.
Growth & Expansion:
The business offers an excellent product and profitable sales which could be enhanced by additional advertising and promotion on social media. Also, the business could extend the hours to include dinner.
Financing:
Seller Prefers Cash
Support & Training:
Seller will train
Reason for Selling:
Retiring
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Gary L. Weston

Business Listed By:
Gary L. Weston

Coldwell Banker Commercial- Mountain West

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