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Business For Sale

GREENLAKE QUIZNOS-LOW LEASE!!!!

Attn: sarah@krbrokers.com
Seattle, WA, USA
Listing Number: "slquiz"
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Asking Price: $115,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli  
Reason for Selling: Retirement-Long commute.
Year Established: 2004
# of Employees: 3
Yearly Cash Flow: $23,454
Yearly Gross Income: $21,600
Monthly Payroll: $3,700
 

Business for Sale 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:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not 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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