Five Day Sandwich Shop -- Short Hours -- Long Lease

Asking Price$98,000

Cash Flow
$25,380
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$132,723

Inventory$5,000
Not included in asking price
FF&ENot Disclosed

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Five Day Sandwich Shop -- Short Hours -- Long Lease


Asking Price$98,000

Cash Flow
$25,380
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$132,723

Inventory$5,000
Not included in asking price
FF&ENot Disclosed

Business Description
This sandwich shop, located on the ground floor of an office building in a major office park in San Jose, has been serving breakfasts, a variety of coffee drinks, sandwiches, salads and occasional hot daily specials for fourteen years. In addition to dine in customers from the surrounding office buildings, the business averages about $125 a day from Grub Hub, Uber Eats, Menu Star and Door Dash. The owners are ready to retire. In recent years they have reduced their business hours and served fewer daily specials. The business is fully equipped with refrigerators, freezers, sandwich prep tables, a pizza oven, an espresso machine plus a range and hood for preparing daily specials. The shop is immaculate and well organized. The lease has over four years left plus two five-year options. The rent is a very reasonable $2,000 with annual 3% increases. Included in the rent is daily cleaning of the premises. This is an excellent opportunity to own a well-established operation with a loyal following and that still has a lot of upside potential.
About the Business
Years in Operation
14
Employees
Currently no employees
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,059
Rent
$2,000.00 per month
Lease Expiration
12/31/2029
Listing Info
ID
2421415
Listing Views
26

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Business Listed by: Bay Area Business Brokers Bay Area Business Brokers

Listing ID: 2421415 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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