Business Overview:
This is the ONLY gourmet sub shop and deli in the area. This steady and stable business has been established for over 6 years in the same location with the same owners. It has an outstanding location close to businesses, homes, apartments, and condos. All of the employees have been with the business for at least one year. The business occupies 1486 sq ft and has seating for 35. 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 10% of the sales price or $12,500, whichever is greater. The new owner could easily establish more on going catering accounts to local businesses and add in some of the local schools in the area. This business is in the ideal demographic location and is surrounded by businesses and a booming growth of residential population in the Moses Lake area. Absentee owner is motivated to sell.
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 is an outstanding location in the Park Pavilion Place. The business occupies 1486 sq ft and has seating for 35. Everything is still just like new. The base rent is $2229 plus monthly NNN charges of $190. The Lease runs till 11/30/2014 and has a 5 year option to extend.
Market Competition and Expansion:
This is the only gourmet sub shop and deli in the area. It has an outstanding location close to businesses, homes, apartments, and condos.The new owner could easily establish more on going catering accounts to local businesses and add in some of the local schools in the area. This business is in the ideal demographic location and is surrounded by businesses and a booming growth of residential population in the Moses Lake area.
Reason for Selling:
Absentee owner wishing to simplify life
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.