Owner Financing is Available!
Business Overview:
** Price reduced to $140,000 ** This Quiznos store, opened in May 2007, is the highest volume Quiznos in El Paso. Already an established name in the sandwich genre, Quiznos is noted for innovation and the ability to adapt to the market. New sandwiches are regularly introduced and this store benefits from delivery services, online ordering and high traffic at both the lunch and dinner hours. Owner would be willing to finance the sale to the right buyer with 50% down. This already established but relatively new store is poised for growth and represents a great opportunity for an entrepreneur to buy an existing store with a good track record at a price which is significantly less than would be required to open a new store. (Gross sales and cash flow based on 2008 actual). This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities.
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 Quiznos is located in a densely populated area of Northeast El Paso with heavy commercial traffic in the area. The lease will expire in 2017 (with exercise of lease extension), but landlord is willing to offer longer term lease if desired by buyer.
Market Competition and Expansion:
This is the only Quiznos near this prime location; however, as this is in an area of high traffic and demand for food services, many other restaurants and fast food facilities are in the area. Growth and Expansion: – Growth in troop levels at Ft Bliss are creating population growth in the areas near the store and this should help to fuel long term growth. In addition, the current owner recommends expanding the advertising by distributing flyers by mail and by hand delivery to area businesses.
Reason for Selling:
Current owner wishes to pursue other interests
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.