Business Overview:
This is the ONLY gourmet sub shop and deli in the area. This business is strategically located in the Lake Meridian Crossings Shopping Center with a perfect demographic mix of businesses and residential neighborhoods. There is very little competition for this store and the demographics are perfect for future growth. The business occupies 1300 sq ft and has seating for 25. It opened in 2006 and everything is still just like new. The Franchise Royalty is 7% - the Regional Ad Fund fee is 3% - the National Ad fund fee is 1%. The Franchisor provides 3 weeks of intensive in store training and one week of training at Quizno's University in Denver. The Transfer fee is $12,000. This is an outstanding area for delivery, being located in a huge business complex, as well as being surrounded by upscale neighborhoods. With an owner operator to promote the business the business should soar. The Seller has another full time job and cannot operate the business. The current owner has had no previous food industry experience and has found this business overwhelming. The upside for an experienced operator is unlimited. Must sell ASAP! Priced below the cost to build a new location - Seller’s loss - You’re Gain.
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:
This business is strategically located in the Lake Meridian Crossings Shopping Center with a perfect demographic mix of businesses and residential neighborhoods. There is very little competition for this store and the demographics are perfect for future growth. The business occupies 1300 sq ft and has seating for 25. It opened in 2006 and everything is still just like new. The base rent is $3,262 plus monthly NNN charges of $900. The Lease runs till 10/31/2015 and has two (2) 5 year options to extend.
Market Competition and Expansion:
This business is strategically located in the Lake Meridian Crossings Shopping Center with a perfect demographic mix of businesses and residential neighborhoods. There is very little competition for this store and the demographics are perfect for future growth. There is very little competition for this store and the demographics are perfect for future growth. The new buyer will be able to provide a delivery service with Quizno’s new delivery package. This is an outstanding area for delivery, being located in a huge business complex, as well as being surrounded by upscale neighborhoods. With an owner operator to promote the business the business should soar.
Reason for Selling:
The Seller has another full time job
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.