3 Jersey Mike's Sub Shops For Sale

Offer description, location and category: Rare opportunity to own 3 Jersey Mike's Submarine Sandwich shops in Los Angeles County with option to add another in new mall. PRICE REDUCED - Now asking $650,000. 2017 Gross approximately $1,750,000. Each store is cash flow positive with current net ordinary income about $95,000 for the trio. Stores are 3yrs, 2yrs, 1.3 yrs new respectively and move in ready. Seller invested $1,000,000 in initial franchise fees and TI (consistent with initial investment by other franchisees). Leases signed for 2 | Listed for sale in Los Angeles, California

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Los Angeles (/lɒs ˈændʒəlᵻs/, Spanish for "The Angels"; Spanish pronunciation: [los ˈaŋxeles]), officially the City of Los Angeles and often known by its initials L.A., is the cultural, financial, and commercial center of Southern California. With a census-estimated 2015 population of 3,971,883, it is the second-most populous city in the United States (after New York City) and the most populous city in California. Located in a large coastal basin surrounded on three sides by mountains reaching up to and over 10,000 feet (3,000 m), Los Angeles covers an area of about 469 square miles ...

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