Turn Key Quizno's in East Bay Area For Sale

Business description

Selling Restaurants is proud to present this Quiznos franchise. It is well known Quiznos franchisees are struggling in part due to competition in the premium sandwich market but primarily due to poor leadership at the Quiznos corporate level. Every major franchise has its struggles as did Subway back in the early 90's. The timing to buy a Quiznos is perfect right now! Early in 2007 the old Quiznos Corporate regime had a reputation of treating franchisees like pests rather than partners were booted-out. A new management team was put in place and almost immediately things began to change for the good. The menu was revamped and made simpler, helping franchisees reduce food and labor costs. New products are being developed to compete against other sandwich shops. The franchisor is now franchisees friendly with an attitude the franchisees are their life-blood. So the only question is whether to buy a Quiznos while the brand has taken a beating and the prices are low or whether to wait and watch the brand turn around and regret not buying when the prices were low.
This Quiznos is located retail shopping center next to a major highway access. Most of the customers are office employees and truck drivers, and warehouse employees from nearby commercial distribution centers. The premise has 1,140 sq/ft with base rent of $3,705 per month plus CAM. The lease expires on 04/15/2016 with two 5 years options. The dining room is able seats 35 customers and patio could able seats 8 customers. They have 3 full time and 4 part time employees and open 6 days a week. Sellers can't manage the store because they have a regular full-time career.

Property information

Real Estate:

Lease

Lease terms:

Expires 4/15/2016 plus 2x5 years

Location:

located retail shopping center next to a major highway access

Other information

Trading hours:

11-8 (closed Sundays)