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Asking Price$150,000
Revenue$296,791 Established2004
Cash FlowUndisclosed Employees4 full-time
FF&E$8,000* FranchiseNo
Inventory$5,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Big name franchise sandwich shop for sale, if you do not want to do the franchise thing then you can  buy this sandwich shop as NOT part of the franchise and do your own thing. The location super great as it is in the heart of downtown Bellevue. Location is surrounded by office buildings, too many offices and people to count and that is a good thing. Lots and lots of customers especially for lunch time business. Also lots of opportunity to offer catering for all these offices close by. The downtown area of Bellevue is growing in leaps and bounds this location will only become better and better as time goes on. Great location to invest in, simple food concept to learn. Lots of foot traffic right outside the front door. That’s why just about any finger food or drink or snack type food would do well here. Literally the main bus transit terminal is right outside your front door. Lots of potential customers getting on and off the buses and or just standing there waiting and waiting for their bus. Standing there cold, hungry and tired and these are all good food buying motives to keep customers coming in your front door for some type of refreshment. Literally this location has somewhat of a captive customer base for you take advantage of. So if you wanted to offer bubble tea, smoothies, or put an ethnic twist on the food choices it all good profitable ideas. If purchased as not part of the franchise the new owner could offer not only great sandwiches but could also offer more food and drink variety. If you want to buy this shop as part of the franchise the current owner will help you through the franchise process. Because of the exact location in the downtown area and most of the customer base is on foot and the closest sandwich competition is literally a long walk away so most office workers probably don’t have the time, desire or energy to walk the distance to the sandwich competition. Owner has other business interests so is eager to make a good deal for a buyer and maybe even some seller financing for the right buyer. Some other ways to expand the profits are current owner is absentee owner, so an owner operator in place perhaps a mom and pops owner would cut the labor costs significantly. Also with an owner who is in place on a day to day basis they would be more proactive in the many catering opportunities for the many office buildings all around. There would be less waste and another big area would be the ability to develop relationships many of your customer base which is repeat customers as they take the bus everyday or they work in the same building only an owner operator not an employee will go the extra mile to keep them happy and coming back. The square footage is 1350, this shop has no hood but landlord will allow buyer to add one if so desired. Currently this sandwich shop is closed on Sundays. Has been in this place for the past 15 years so is established and well known. About 75% of the sales are lunch sales so a great lunch crowd is waiting for you. Not open for breakfast although there is the people / customers standing right outside your front door waiting for buses and perhaps a hot breakfast if you offered one. Lease is very good for in the heart of downtown Bellevue. Only $5,240 per month and that is with triple net included. Lease is assignable and expires in 2021.
Facilities:Clean bright, seats about 22, is 1350 square feet, has walk in refrigeration. Monthly lease is $5,240 this is triple net included. For this in the heart of downtown Bellevue location this lease is reasonable. Lease is assignable and has a lot of life left on it.
Competition:Opportunity to buy as part of a major franchise or to buy as an independent shop. This high traffic location is better than good and perfect for entrepreneur as this shop has a somewhat captive customer base to serve and cater to. The downtown area of Bellevue is growing in leaps and bounds this location will only become better and better as time goes on. Current ownership has not marketed or advertised for catering but with all the many offices and office meetings taking place close by this would be a money making endeavor. Also an owner operator in place day to day would put more money in your pockets as labor costs would be reduced or nonexistent. Waste would be cut, customer satisfaction would be kept at a high level. Customer satisfaction leads to repeat business and could open the doors to some catering accounts.
Growth Potential:Opportunity to buy as part of a major franchise or to buy as an independent shop. This high traffic location is better than good and perfect for entrepreneur as this shop has a somewhat captive customer base to serve and cater to. The downtown area of Bellevue is growing in leaps and bounds this location will only become better and better as time goes on. Current ownership has not marketed or advertised for catering but with all the many offices and office meetings taking place close by this would be a money making endeavor. Also an owner operator in place day to day would put more money in your pockets as labor costs would be reduced or nonexistent. Waste would be cut, customer satisfaction would be kept at a high level. Customer satisfaction leads to repeat business and could open the doors to some catering accounts.
Training/Support:If you buy as part of the franchise all the franchise training and ongoing support will be provided.
Seller Financing:80% down strictly a case by case basis
Sale Reason:Seller has other business interests
Ad #80897
Seller Reference #dssandfranbell
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Coldwell Banker Bain
425-890-9208
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