Benny J. Kirksey
Northeast Tarrant County
99527347
Food & Beverage: Restaurants, Fast Food, Deli
$119,500
2003
5
$298,900
$46,100
$NA
$-30,400
$NA
Not Disclosed
Not Disclosed
Reason for Selling:
Owner is tired and wants to retire.
Overview of the Business:
This fast-serve Quiznos in Northeast Tarrant County is impeccably clean, is poised for growth when the economy rebounds, is an outstanding buy at this price level, has fewer working hours per week than many Quiznos and is in a growing area in Northeast Tarrant County.
Quiznos’ menu is an amazing collection of chef-inspired recipes using high-quality ingredients to create hot toasted subs, signature soups and fresh salads made with the freshest ingredients. They pioneered oven-toasting over 26-years ago and continue to lead as one of the top franchises available today. Zagat’s fast food chain consumer surveys listed Quiznos in the top 5 for Top Food, Top Facilities, Top Service and Top Overall. Over 5,000 franchisees enjoy the benefits of national advertising from one of the best franchises in the world with an annual marketing budget in excess of $90 million. Quiznos also offers comprehensive, award-winning training and support programs to provide Franchisees with specific tools and skills to utilize for success.
Property Features and Assets:
This 1,800 square foot facility is on a main roadway and enjoys nice visibility from tens of thousands of vehicles daily. The 10-year primary lease term expires March 31, 2013 and allows one 5-year renewal option. Purchaser is responsible for all lease transfer/assignment and related fees.
Market Competition and Expansion:
This is an excellent location that is poised for growth. Area demographics are outstanding. Organic growth may be achieved by adding delivery service and/or breakfast menu, promoting catering to area schools and enhanced store hours.
Additional Details: