5 Day Sandwich/Snack Shop In Bldg. in Sherman Oaks

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Seller:Lincoln Jeon

Location:Sherman Oaks

Listing Num:9167179

Industry:Food & Beverage: Coffee, Cafe, Dessert

Asking Price:$99,000

Year Est.:Not Disclosed

Employees:2

Yearly Revenue:$76,000

Yearly Cash Flow:Not Disclosed

Yearly EBITDA:$NA

Yearly Net Profit:$36,000

Yearly Gross Income:$NA

Monthly Payroll:Not Disclosed

Total Debt:Not Disclosed

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Reason for Selling:

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Overview of the Business:

Easy to run sandwich/snack shop located in a commercial building in Sherman Oaks. Business has very attractive hours of Monday through Friday from 7:30am to 4:00 pm. Located on the first floor of a commercial complex with zero competition. Selling mainly sandwiches, snacks, drinks, etc. this is a perfect opportunity for an owner operator. Easy to run business! Short Hours! Great Lease! No Competition!

Property Features and Assets:

Space consists of 500 square feet and a very attractive lease with monthly rent including all utilities of only $1,000! There is a remainder of 8 years left on the lease.

Market Competition and Expansion:

Business has been established in the building for many years, but current owner has owned it for the past 2 years. Owner has multiple restaurants and can’t manage them all. Owner is fully absentee and has 2 employees that operate the business full time.

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