7404 University Avenue

    La Mesa, CA 91942
    • $123,500
    • STATUS: SOLD
    • ON SITE: 333 days
    • ID#: 180058773
    Sold - 08/07/2019
    $123,500
    SOLD - 08/07/2019
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,490
      SQFT
    • $83
      $/SQFT
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    Well established, self-running Subway Sandwich Shop. Absentee owner; the store is run by managers and staff. There is lots of potential for growth and increasing business. This is in a great location right on busy University Ave. across from a high school with plenty of indoor and outdoor seating. Excellent access and signage. Well maintained, clean, great condition absolutely turn-key. Tremendous, you could not build a new Subway Store for under $200K. Subway license, all equipment, furniture and good will is included. Subway has been voted the #1 Franchise for many years. Subway does all of the marketing for you - TV, Radio, Direct Mail coupons, Billboards, Social media, text messages, etc. You will get endless training and constant support and assistance from Subway headquarters. Please keep confidential. Staff is not aware that the store is for sale. Please do not talk to staff about the store or ask them any questions.

    Monthly Payment Calculator

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/88707331

    7404 University Avenue La Mesa, CA 91942

    • Price: $149,950
    • Status: SOLD
    • Updated: 13 min ago
    • ID#: 180058773
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,490
    SQFT
    $83
    $/SQFT
    Neighborhood:
    La Mesa (91942)
    County:
    San Diego
    Area:
    La Mesa (91942)
    Property Description
    Well established, self-running Subway Sandwich Shop. Absentee owner; the store is run by managers and staff. There is lots of potential for growth and increasing business. This is in a great location right on busy University Ave. across from a high school with plenty of indoor and outdoor seating. Excellent access and signage. Well maintained, clean, great condition absolutely turn-key. Tremendous, you could not build a new Subway Store for under $200K. Subway license, all equipment, furniture and good will is included. Subway has been voted the #1 Franchise for many years. Subway does all of the marketing for you - TV, Radio, Direct Mail coupons, Billboards, Social media, text messages, etc. You will get endless training and constant support and assistance from Subway headquarters. Please keep confidential. Staff is not aware that the store is for sale. Please do not talk to staff about the store or ask them any questions.
    Exterior Features

    Location Strip Center Parking On SitePublic Parking Free Form Ample Strip Center Parking

    Interior Features

    Equipment Included

    Property Features

    Actual Gross Sales 374000 Actual Payroll Expense 103000 Business Name Subway Sandwich #41528 Business Type Food ServiceRestaurant Employees 5 Est With Present Owner Yes Existing Financing Clear Financial Information Source Owner Fixtures Included Full Time Employess 3 Gross Annual Sales 374000 Have Franchise How Long Established 11 Lease Deposit 2100 Lease Expires 2022-08-31 Lease Option Two 5 Year Lease Type Full Service Mandatory Remarks None Known Market Area East County Monthly Rent Total 2593 Motive Want Focus On Raising Family Owner Train Employees No Owner Works No Part Time Employees 2 Price Includes Equipment FurnitureFixturesSignsWalk-In Cooler & FreezerSandwich UnitPos SystemToasterOvenProoferBottle Beverage CoolerCoke Smart MachineAnd Decorations. Subway Franchise # And All The Rights To The Franchise. Price Includes Goodwill Yes Price Includes Other Value Subway Franchise # Sale Includes EquipmentLeasesLicenses/Permits Sales Restrictions N/K Short Sale No Type Of Business Subway Sandwich

    Listing provided courtesy of Suresell Real Estate. Listing information © 2019 San Diego MLS Inc. Source: CRMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS, Inc. Licensed in the state of California.
     
    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101