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Asking Price$275,000
Revenue$704,926 Established2005
Cash Flow$145,203 Employees4 full, 4 part
FF&E$32,400* FranchiseYes
Inventory$1,500* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This shop, operating under a well-known franchise brand, is well established in a busy shopping center anchored by an upscale grocery store plus diverse food shops which make it a destination. The business is consistently profitable due in part to the systems put in place by the Franchisor. The franchise is recognized for the quality of its management systems, prescribed food preparation methodology, raw food supplies, and the franchisee-friendly policies and support practices which contribute to the consistent profitability of its franchise holders. This particular shop is a turnkey operation and a go-to destination for the lunchtime crowd, for those seeking a delicious snack throughout the day or even a quick, very satisfying dinner meal. Its unique menu offers very popular hot sandwiches and side selections found nowhere else in the city. While many of the orders are for take-out, those who want to dine in can do so in a roomy, relaxing dining area with table seating for 20 people.

Alameda, "The Island City", is a wonderful place to work and/or live. Residents considered the many pluses of the island (such as its charming small-town feel, its ideal micro-climate, low crime rate, good schools, well maintained classic and varied architecture, clean tree-lined streets, beautiful parks, beaches, marinas, it's convenient ferry system, its great central Bay Area location, etc.) to be the best kept secret in the Bay Area. However, it's a secret no more. The island is now booming with carefully planned, smart new developments including hundreds of new homes recently constructed and many more in the building pipeline. These residential developments, plus a newly constructed, major, well-anchored shopping center are drawing more and more people and businesses from all over the greater Bay Area. Alameda has become a very desirable destination city. This simple to operate shop near the bustling downtown area is a great business opportunity to take advantage of Alameda's so many wonderful attributes.

Required Licenses: Business, Health

Real Estate Number: 01731143
Competition:None of the other food providers that help draw customers to the center offer the popular unique sandwiches, nor is this product offered anywhere else in the city.
Growth Potential:The 2 semi-absentee owners spend very little time actually working in the business. A new owner willing to be more actively involved could save significant labor costs, adding directly to bottom line profits. The seller does little in the way of marketing and relies primarily on the Franchisor for advertising. Participation in local promotional events could increase awareness of the shop and help grow the business over the foreseeable future. A new owner could increase marketing for catering as well as take more advantage of the several food delivery services now available.
Training/Support:Franchisor provides complete training and support for a successful transition to a new owner. The staff too is well trained in the procedures of the franchise.
Seller Financing:Seller will consider some financing for a qualified buyer
Sale Reason:Retirement of Owner
Ad #114020
Seller Reference #OAKLACA001-N239
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Phillip Holt
(510) 523-0232
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