Established sandwich shop with long term customer base for sale

Owners retire after 14 years of operation. Close to high school, middle school, apartments and office complex. Generate steady revenue and cash flow. Location: Palo Alto, California Year Established: 2003 Number of Employees: 8 Real Estate: Leased Building Sq. Ft.: 1,100 Rent: $5,523.00 Per Month Lease Expiration: 6/30/2023 Facilities: All equipment (sandwich units, back counter cooler, walk in cooler, walk in freezer, toast oven, bottled cooler, microwave, ice machine, fountain machine, etc.) used for daily operation, tables, chairs... Market Outlook/ Competition: The sales number listed above is for 2019. Business is recovering from pandemic. The landlord reduces rent to $3,500 during pandemic. Growth & Expansion: New studios nearby bring new customers to the shop.