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Businesses for Sale: Listing Details

 
GREENLAKE QUIZNOS-LOW LEASE!!!!
Seller: Attn: sarah@krbrokers.com
Location: Seattle, WA, USA
Listing Number: "slquiz"


Asking Price: $115,000 USD USA Dollars
Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Retirement-Long commute.
Year Established: 2004
Number of Employees: 3
Yearly Cash Flow: $23,454
Yearly Gross Income: $21,600
Monthly Payroll: $3,700

Overview:
Right in the heart of Downtown Greenlake this Quiznos sub franchise is a great opportunity for someone who wants to own a cash flowing business with tons of potential. This location is just about 4 years old with an amazing lease far less then anywhere else in the area. Just across the street from the lake and walking distance to everyone in the Greenlake area and is one of the few fast food franchises in the area. The owner is selling because her 2 hour commute is just to much for her. She has only owned it for 4 months but was an employee for over a year before she purchased. The price is based on what other Quiznos are selling for as well as it’s average Gross, we only have 5 moths on P&L’s. Numbers below are based on YTD est.

Property Features and Assets:
WOW!!! Great Location right across from Greenlake. Only a few years old in a newer building, tons of condos being built all around as well as a new grocery store.

Market Competition and Expansion:
There is a subway somewhere around the lake however the location is hard to find and the rent is much higher. So there is not really any other competition, in fact there is hardly any fast food restaurants around.

Additional Details:

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