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Business For Sale

Drastic Price Reduction Quizno's Fast Food

Simi Valley/Ventura County, CA, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$50,000
$256,000
Not Disclosed
$37,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2007
1
1691219
Owner Financing is Available
Seller may provide financing for approved buyer.

Business for Sale Overview:

HIGHLY MOTIVATED SELLER DECLARES DRASTIC PRICE REDUCTION, JUST MAKE AN OFFER!!! The price for this is very nice and clean Quiznos location has just been reduced by more than 20%! It was established just under 3 years ago and is located in a huge strip mall at 3060 Cochran Street, Simi Valley, CA 93065. 2009 sales are running ahead of 2008 by 13.4%. The very motivated Seller states this location requires an onsite owner/operator to attain true profitability by eliminating an employee-manager's salary. So if you're a two-salary family and one of you be in danger of losing your job, or already have, this would be a very secure self-employment opportunity for very little money down and highly flexible terms including Seller Financing and assistance with the franchise transfer fee. The average Quiznos store costs $188,000 - $342,000 to build, so this opportunity is an incredible bargain. SELLER WILL CONSIDER ANY REASONABLE OFFER BACKED BY REASONABLY GOOD CREDIT! Quiznos is a very successful sub sandwich franchise with more than 5,000 restaurants worldwide, the third most visited sandwich brand in the nation, and was designated a Zagat Top 5 for fast food franchises in 2007. They have a $90 million media ad budget running 12,000 TV and Cable spots annually. Franchise Royalties are 7% and the advertising fund is 4% of gross sales after discounts and coupons. Training is two weeks in Denver and one week at the store. All your other questions about Quiznos will be answered at https://www.quiznosfranchises.com/top-food-franchise-faqs. This Quiznos location is absentee owned, SO PLEASE DO NOT ASK THE EMPLOYEES ANY QUESTIONS ABOUT THE BUSINESS WHEN YOU MAKE YOUR OBSERVATION VISIT. To pursue this opportunity, please contact Brian Gunshor, Sr. VP, at 310-539-8300.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

1,230 sq. ft. Rent is $3,195/month

Reason for Selling:

Absentee Owner - Change of Plans

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist 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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