Quiznos For Sale In Collin County TX - Reduced To Lowest Price! (ID: 1074897)

FINANCIAL DETAILS
Asking Price: $90,000
Gross Revenue: $415,804
Cash Flow: $42,735
Inventory: $5,000 ++
Real Estate: n/a **
FF&E: $50,000 ++
Business Listed by Larry LaneVR Business BrokersView All of My Listings
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Quiznos For Sale In Collin County TX - Reduced To Lowest Price!
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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.

About the Business

Year Established: 2004

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.

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

About the Sale

Reason For Selling: Ownwer wishes to be a full time homemaker.

Training/Support: Comprehensive franchisee training is provided

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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness.Please review our full Terms & Conditions here.

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