PRICE REDUCED! Great Sandwich Shop

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Asking Price:
$165,000

Gross Revenue:
$387,864
Cash Flow:
$88,915
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,500
included in asking price

FF&E:
$100,000
included in asking price

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Business Description

This well-known, popular sandwich shop takes pride in creating sandwiches made from fresh ingredients. They have a strong customer base and a large menu selection. There is plenty of indoor seating, as well as an outdoor patio that seats 60. Current Owners have learned a lot from their endeavors, and are only selling due to personal reasons. The shop is in an easily-accessible location, near a freeway, with lots of parking. Locally, the Reno, Sparks, and Carson City area has a small town feel with a big city attitude. The city offers excellent shopping and dining options, robust nightlife offerings, high-performance schools, including a Tier 1 University with over 25,000 students—and is just a half hour from beautiful Lake Tahoe. a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it’s no wonder that Nevada ranks #3 Most Business Friendly Tax Climate.

About the Business

Location:
Reno, Nevada
Year Established:
2006
Number of Employees:
2
Real Estate:
Leased
Building Sq. Ft.:
1,800
Rent:
$2,994.00 Per Month
Facilities:
1,800 sf building. Outdoor patio seats 60
Market Outlook/
Competition:
This business is well known throughout Reno. With the unprecedented population explosion happening in our area, the track record of this business is well suited for continued growth. They have a large menu selection. Access is easy, with ample parking.
Growth & Expansion:
A new Owner could expand on the business by creating their own delivery service, and forego the use of expensive Third-Party Delivery Services. Owner could also obtain beer and wine licenses, and expand the menu offerings. Extending operating hours is another way to increase revenues. The new owners could also earn more income by subleasing commercial kitchen. They could also put a cover on the outdoor patio, which seats 60.
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About the Sale

Reason For Selling:
Family Reasons
Training/Support:
Seller with train Buyer for 2 weeks without pay, negotiable for longer
Seller Financing:
Seller will carry with a Satisfactory Down Payment.

Listing Info

ID:
1579646
Ad Detail Views:
0

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Business Listed by

Bradley Bottoset

The Liberty Group of Nevada
License# BUSB.0000052.BKR

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U.S. Census Data for Washoe County, NV
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Washoe County, NV
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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