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Business For Sale
***PRICE REDUCED....MUST SELL***
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Asking Price: |
$$240,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Other investments |
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Year Established:
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2003 |
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# of Employees:
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approx. 15 |
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Yearly Revenues:
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$$756,071 |
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Yearly Cash Flow:
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$$74,691 |
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Yearly Net Profit:
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$$74,691 |
Business for Sale Overview:
*** MOTIVATED Seller, partner RELOCATING in 3 months, priced BELOW start up costs, INSTANT cash flow*** Two(2)established and profitable Quiznos restaurants, located in high traffic Olathe, Kansas retail centers. Olathe is poised for tremendous growth, both in residential and commercial, and this opportunity allows a new owner to immediately realize positive cash flow. Each location is priced separately, $175,000 and $160,000, and there is a substantial discount when both are purchased together ($301,500). These two nationally franchised, quick serve restaurants are currently operating as an absentee owner, and the situation allows a new owner(s) to work full time, part time, or absentee. Complete training provided by Quiznos corporate and existing management. The Owner requires that a potential buyer speak directly with the business broker and avoid any contact with employees or managers.
Property Features and Assets:
Both locations are in high traffic, high visibility retail centers. One lease expires in 2013 and the other in 2014.
Market Competition and Expansion:
These two locations are the only Quiznos in the city, and has expandability to one more location. Seller is mostly an absentee owner, and management is in place and developed, and would like to continue with their positions when sold to a new owner.
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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