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Listing ID: 2726721

Popular Sandwich Shop in Thriving East Bay City For Sale

Alameda City, Alameda, California, United States

$ 119,500

(Furniture / Fixtures and Inventory / Stock included)

Revenue: $ 155,000

Cash Flow: $ 68,000

Business Description

Priced at only 1.76 times cash flow, this is an outstanding value. This is a profitable, independent sandwich shop where an owner has the freedom to operate his or her own way and not be restrained by the strict policies and procedures of a franchise. This shop has built an excellent, long-term reputation for friendly, efficient service and high quality ingredients. It has a long-term regular and growing customer base. Those who want to dine in can do so in a roomy, relaxing dining area with table seating for more than 30 people. The shop is located in the very popular, revitalized downtown of Alameda and is surrounded by businesses that draw heavy foot traffic to the area.
Alameda is a wonderful place to work and/or live. Residents consider 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, its convenient ferry system, its great central Bay Area location, etc.) to be the best kept secret in the Bay Area. The island is 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 the 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 in the bustling downtown area is a great business opportunity to take advantage of Alamedas so many wonderful attributes.

Property Details

Size:

1,050 sq ft

Years Established:

1987

Property Type:

Lease

FF&E:

$6,000

Inventory Value:

$1,500

Other Details

Operation Details

Employees:

1

Trading Hours:

Monday-Friday

Miscellaneous

Financing Available:

Yes

Reason For Selling:

Retirement of Owner

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