Subway Sandwich Shop

San Mateo, CA (San Mateo County)

Subway Sandwich Shop
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Asking Price: $150,000

Cash Flow: $6,100

Gross Revenue: $474,660

EBITDA: N/A

FF&E: $20,000

Inventory: $2,500*

Rent: $5,407.50 /Month

Established: 2003

*not included in asking price.

Subway Sandwich Shop

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Business Description

1. Franchise opened in April 2003 by the current absentee owner. The owner is a dentist,
and that is her main business. So she has someone to manage the business.
2. This business did $474,000 in Gross revenues and $61,000 in adjusted profit in 2017
3. Current franchise agree is is up on Dec. 1, 2023, but has a 20 year option
4. Buyer has a security of well established franchise in California and the nation
5. The franchise offers 12 days of training in Connecticut and 2 weeks with the owner.
6. Business has a key location in a strip center in affluent City of San Mateo

Detailed Information

Location:
San Mateo, CA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,545
Lease Expiration:
2/28/2023
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1. The sandwich shop can seat 40. 2. However, many customers are counter patrons. 3. The business has approved fixtures, equipment & furniture by the Franchisor. 4. Active strip center with Provident Credit Union on one side and a workout gym on the other side
Competition:
Plenty food businesses in the area,but none like the Subway menu
Growth & Expansion:
1. They need to have a viable website 2. They also need to have a catering program
Support & Training:
12 days in Connecticut and 2 weeks with the owner on-site of the business.
Reason for Selling:
Retiring after owning the business since 2003
Franchise:
This business is an established franchise
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Angelo Izzo

Business Listed By:
Angelo Izzo

California Business Opportunities

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