#1 QUIZNOS IN WI, ACROSS STREET FROM UWM
Seller:
Attn:
Tim Bullard
Location:
Milwaukee, WI, USA
Listing Number:
"4181-173"
Overview:
This Quiznos is located just 1/2 mile north of Milwaukee's downtown in Southeastern Wisconsin across the street from UWM campus. On the main strip of east side of UWM this location could not be more ideal for fast food. In proximity to a college campus with over 30,000 students and having just added delivery in the past 8 months the revenue growth has been nothing short of explosive. With a new CEO at Quiznos and the food costs decreasing the value of this 2.5 year old operation is increasing daily. Though still somewhat seasonal due to school schedule, this highly profitable location also has all new equipment, well maintained by the on-site owner who is now training a full time manager and tons of walk-in and street traffic. Not only is it across the street from one of the major campus bus stops, it is 1 block from the student union in a retail strip anchored by the student book store. Next door is a tanning salon, coffee shop and more college friendly retail. The owner's are stepping up to buy a larger business and focus on turning around their other Quiznos to make it as profitable this one. For the right owner/operator this could be a gold mine. Now that student's are beginning to recognize they can get a hot sub delivered rather than the cold sub choices revenues are only expected to increase exponentially over the next several years. As food costs decrease with the new corporate mantra this location could literally become a cash cow.
Property Features and Assets:
The east side of Milwaukee is an incredible location and given the college on one side and some of the wealthiest neighborhoods in the city on the other, the location and area could not be more ideal. The restaurant equipment is less than 3 years old and has been very well maintained by an on-site owner.
Market Competition and Expansion:
The market in this area includes 30,000 plus college students to the west and the some of the wealthiest neighborhoods in the city to the east with another 20,000 individuals and families within a 1 mile radius. The customers who are primarily eating at this location are college students, however Quiznos has created a highly recognizable brand enjoyed by all ages and therefore the community outreach with delivery could be even larger.
Additional Details:
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