Sub Franchise Rockwall TX--$240K For Sale

Business description

Sub Restaurant, Franchise, consistently a top producer in the Dallas market. This franchise’s unique sandwiches are served on toasted, baguette style bread. They deliver uncompromising quality for today’s busy consumers, who are looking for a fresh alternative to fast food. This business is located in a great location, in a rapidly growing neighborhood. The restaurant is priced at $240,000, generating a net income of more than $67,000. Enjoy an immediate cash flow, avoid the start up headaches and cost. This outstanding and highly sought after business will not last long.

Franchise terms

Franchise transfer fees is 25% of the current franchise fee or $6250. Royalties are 7% of gross sales plus 3% advertising. A typical Quizno’s restaurant costs between $200,000 and $275,000 to open, per Quiznos.

Property information

Lease terms:

Outstanding 1,600 square foot restaurant on high traffic street in Rockwall, TX. Monthly rent $3518 per month includes NNN.

Location:

Outstanding 1,600 square foot restaurant on high traffic street in Rockwall, TX. Monthly rent $3518 per month includes NNN.

Other information

Expansion potential:

A hands-on owner could dramatically increase the business with the residential customers and catering business.

Competition / Market:

Normal, except that this company is situated on the higher end of the market in terms of price and disposable income with significantly fewer competitors.

Support & training:

Willing to train and consult as necessary plus franchisor mandated training.

Reasons for selling:

Family Obligations

Financing available:

Down Payment: All Cash, some seller financing.

Furniture / Fixtures value:

$45,000 (included in the asking price)

Inventory / Stock value:

$3,000 (included in the asking price)