Broker
Rutherford
445330394
Food & Beverage: Restaurants, Fast Food, Deli
$249,000
2007
8
$501,421
$84,449
$NA
$20,000
$NA
Not Disclosed
$170,000
Reason for Selling:
Relocation to FL
Overview of the Business:
Priced to sell, this Quizno's operation is in the Top 10% performing units in the nation averaging revenues of 150% of other stores, consistently #1 in their region. With an average ticket of over $9, great lease terms and professional cost management, this unit is very profitable without "owning the owner". Staff is well trained to allow the owner to work a reasonable schedule while still traveling on other business. All books and records are clean and orderly and support the cash flow and asking price. Location is in a small market between Asheville and Charlotte. 2010 is tracking along with 2009 results despite high unemployment and the difficult economy. But excellence in products and services brings repeat clients to this successful operation. Seller is now moving the family back to Florida to pursue other opportunities and seeks to sell this outstanding unit at a reasonable price to well qualified operator. REPLY to this ad to "send more information", please include a brief description of your related experience and share with us why this opportunity is of interest to you. After a brief pre-qualification we will be glad to share information on the business location and financials to help you evaluate and possibly pursue the acquisition.
Property Features and Assets:
Convenient location on high traffic road near local college and Walmart shopping center. Neighboring gym and coffee shop draw repeat clients, easy in/ou and ample parking. Great lease!! aprox. 1,600 sq.ft. at $2k/month + $100 CAM, only 3% increase for 2nd 5 yr term.
Market Competition and Expansion:
Great unit to start with to become a multi unity operator. May also grow this unit with expanded delivery and catering. Quiizno may add breakfast soon.
Additional Details: