Asking Price:

$90,000

Gross Income:

$415,804

Cash Flow:

$42,735

FF&E:

$50,000.00 *

Inventory:

$5,000.00 *

Real Estate:

N/A

Year Established:

2004

Employees:

N/A

Business Types:

Restaurants
Other Food Stores

* included in the asking price

Business Description

REDUCED TO LOWEST ASKING PRICE - We have a fantastic opportunity for you to become a part of the Quiznos national franchising network by purchasing an existing, successful Quiznos store. Quiznos is in the beginning stage of implementing an aggressive growth & brand revitalization strategy. Recently the asking price was reduced by the motivated owner for a quick sale! This Quiznos is a match for those seeking a turn-key food business.

The store is approximately 1500 square feet large and is located in an upscale, high growth address of Collin County. This business is in a newer strip center on a busy thoroughfare near offices and residential communities. The equipment is current and the store's modern appearance is well maintained. The staff is well trained and provides the customer a great experience. This Quiznos has been in operation since 2004 and has operated profitably under the current owner/operator. The store always ranks in the top 5 of stores in the Dallas-Ft. Worth region. The gross revenue for 2012 is $415K with seller's discretionary earnings of $42K. A new Quiznos franchise can cost $250K per location to open as a new business when an investment of $90,000 plus the franchise transfer fee of $5,000 will provide instantaneous cash flow. The price of this business includes fixture, furniture and equipment assets.

Detailed Information

Facilities:

1500 sq. foot store that has current equipment and a modern, clean appearance. This is a leased store with two years remaining on a ten year term.

Competition:

While this location is an active, prime strip center with little direct competition, there are other sandwich franchise stores within a 3 mile radius

Growth/Expansion:

This location in Collin County continues to expand and it's demographics are attractive. There is a great opportunity to aggressively grow revenue & profits by focusing on the catering & delivery segment.

Support/Training:

Comprehensive franchisee training is provided

Reason Selling:

Ownwer wishes to be a full time homemaker.

Broker Information

Jeff Goldblatt

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