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Property profile

000 Sales From These Duo Sandwich Shops For Sale Charleston, SC 29401

OFF-MARKET
Retail properties & Spaces
3,500 SF Built 2017
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Property summary

AI-generated overview

Exceptional opportunity to acquire two established sandwich shops in the thriving Charleston, SC market. This turnkey operation boasts over $740,968 in combined net sales for 2023, exceeding $900,000 in gross sales. The sale includes both locations, fully equipped and ready for immediate operation. Each location benefits from high visibility in busy shopping areas, with an average daily traffic count exceeding 64,000 vehicles for one location and 44,000 for the other in 2023. The combined square footage totals 3,500 square feet, with 1,900 square feet in one location and 1,600 square feet in the other. Seating capacity is 28 in one location and 10 in the other. The current leases expire in December 2027 and August 2031, respectively, with two 5-year renewal options available for each. Monthly rent is $4,821 for one location and $4,021 for the other. The business operates without a hood system. The franchise is a recognized brand, previously named a Top 500 Franchise by Entrepreneur Magazine and a USA Today Top 10 Best Reader's Choice. This presents a low-risk entry point into the fast-casual dining segment, eliminating the time and expense associated with building from the ground up. All equipment, furniture, and fixtures are included in the sale. The seller is retiring, providing a seamless transition for the new owner. The business employs 14 people. This is a remarkable opportunity to own a profitable, established business with significant growth potential in a desirable market. Asking price is $125,000.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2017
Total area 3,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

000 Sales From These Duo Sandwich Shops For Sale Charleston, SC 29401
Charleston metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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