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Business For Sale
QUIZNOS SANDWICH SHOP IN TUCSON
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Asking Price: |
$150,000
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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Absentee owner. No longer wants to do occasional commute |
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Year Established:
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2004 |
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# of Employees:
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12 Part Time |
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Yearly Revenues:
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$370,449 |
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Yearly Cash Flow:
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$63,379 |
Business for Sale Overview:
Beautiful Quiznos Sub-Sandwich shop business for sale in Northwest Tucson. The seller is absentee and has two part time managers. The Discretionary earnings reflects an adjustment for one full time manager, but a buyer could work additional hours in the business and increase these earnings by $9,000! Quiznos is a well respected national franchise with a wonderful menu! There are great catering opportunities available to a hand’s on buyer due to the location on a busy street, surrounded by businesses. A new franchise would cost far more than the price of this business! Seller is tired of the occasional commute to Tucson.
Property Features and Assets:
1,400 square feet on a busy street in NW Tucson, AZ. Current rent including CAMS is $2,375 per month. Lease expires 5/1/2009 but there is a five-year renewal option. Parking is ample and the restaurant seats 28. The equipment is 4 years old and in excellent condition. Security cameras can be monitored from another location.
Market Competition and Expansion:
Prime location surrounded by businesses on a very busy street. Territory is controlled by franchiser. This is a very popular sub-sandwich shop.
Catering could be a great add on service! Marketing to surrounding businesses would be a definite plus. A buyer willing to work in the business brings great value!
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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