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Quiznos Franchise- Excellent Location!!!

Southington, Connecticut (Hartford County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $165,000 Inventory $3000* 
Gross Income $331,193.90 Real Estate  
Cash Flow Not Disclosed Year Established 2004
FF&E $122,589* Employees 8

* included in the asking price

** not included in the asking price

Quiznos franchise located in the heart of Southington on Main St. Excellent lease in place and low utilities can give an owner/operator a good income. To qualify to buy this franchise you must have a net worth of $125k and liquid cash of $70k (proof required by franchisor). You can then get third party financing with 30% down through Quiznos. Excellent Opportunity in growing area.

Facilities: 1700 sq ft establishment which has indoor seating for 30. Outdoor seating can be approved through town for warmer months. The facility is in excellent condition. Lease is currently $1770/month which includes taxes and property insurance. 15 years remaining in options. On street parking available or nearby public parking

Competition: This is the only franchise with this name in Southington. It is located on a Main St location. Over 200 condos soon to be built within walking distance of this location.

Growth/Expansion: Franchise is in the process of starting a delivery program in which they believe will increase gross sales by 20% for participating franchisees. Also the current owner does not open on Sundays. Opening Sundays could increase gross by $1000/week.

Financing: 3rd party financing to qualified buyers through franchisor 30% down

Support/Training: Training must be completed at corporate facility.

Reason Selling: Moving out of state.

AD # 368852

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