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Business For Sale
FRANCHISE SUB SHOP WITH SBA FINANCE AVAILABLE
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Asking Price: |
$165,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Seller owns Real Estate business - cannot handle both. |
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Year Established:
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1999 |
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# of Employees:
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4 |
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Yearly Cash Flow:
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$82,100 |
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Yearly Gross Income:
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$311,811 |
Business for Sale Overview:
Popular Quiznos sub shop, superbly located near major Houston area employer. Lunch is busiest time (70% of business). Entrepreneur magazine rated this franchise as #2 best overall franchise in 1/2006 with over 4,000 franchises nationwide. Because of location, they are able to charge a little more than other franchise owners for menu items. Huge growth potential with 29 acre shopping center going in directly behind this location and no delivery or catering currently done. Store averages about $1200 per day. Franchise royalties are 7%, advertising 4%. No transfer fee, but upgrades will need to be negotiated with corporate. Average startup for new franchise is $185,000-$265,000. SBA financing available.
Property Features and Assets:
1,700 Square Feet facility in shopping center.
Market Competition and Expansion:
1. Offer delivery.
2. Offer catering to NASA clients and other businesses, car dealerships, hotels, churches, etc.
3. Outside sales/marketing.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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