Quiznos In Collin County Texas For Sale

Business description

NEW LOWER 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. Asking Price recently was reduced for fast sale by motivated owner. This Quiznos is a match for those seeking to take advantage of the corporate growth strategy & brand revitlization that Quiznos is in the midst of implementing in 2012.

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. Due to these qualities, this store consistently ranks in the Top 5 among the 75 store DFW region.

This Quiznos has been in operation since 2004 and has operated profitably under the current owner/operator. The store had a profit increase in 2011 with potential for future growth. The annual revenue for 2011 is $414,000 with sellers discretionary earnings of $63,000. A new Quizno’s franchise can cost $250K per location to open as a new business when a $159,000 investment plus the franchise transfer fee of $2,500 will provide instantaneous cash flow. The price of this business includes fixture, furniture and equipment assets.

Property information

Real Estate:

Lease

Lease terms:

Lease has three years remaining

Location:

On a major thoroughfare in a fast growing residential & office building community

Premises details:

The strip center store have a clean, modern appearance.

Size in square feet:

1,500

Business Operation

Expansion potential:

We believe that the business can be expanded through the attraction of new customers and focusing on the delivery & catering segment.

Competition / Market:

Little in the immediate area but most sandwich shop franchises are represented with a 3 mile radius.

Reasons for selling:

Personal

Years established:

2004

Other information

Support & training:

Training through the franchise is provided

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Minimum financing terms can be a consideration