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Business For Sale

Sandwich & Soup Restaurant on Major Highway #19497

Fort Worth, Tarrant County, Texas , TX

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$110,000
$404,382
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2008
7
75718963
Owner Financing is Available!
Price $140,000: $50k + seller financing or $110k ALL-CASH.

Business Overview:

Seller says "Bring all offers! MUST sell! Willing to seller-finance!" Catering is a MAJOR growth opportunity -- neighboring Jimmy Johns franchise is doing $400,000 in catering. This owner has NOT focused on catering. He feels that this location can do $800,000- $1,000,000 in sales and net $200,000. MegaBite Restaurant Brokers, LLC offers, for your ownership consideration, a quick service sandwich sub shop in Fort Worth, Texas. The store is visible and accessible from a major Highway (estimated 75,000+ cars per day) and airport. The business sits at the main entrance to a large business industrial area. The area boasts 125,000 employees in a 5 mile radius. Quizno s Subs #12091 was founded in February 2008 by the current owner with no prior food experience. The business has been generating a consistent sales volume but the current owner has not been able to work hands-on in the business. He is currently employed full-time in an unrelated business. Quizno s offers delicious, chef- inspired subs, soups, and salads, made with the freshest ingredients. Famous for their toasted subs, Quizno s is the second largest submarine sandwich shop chain in North America. The franchise traces its roots to 1981 in Denver and now numbers 5000+ restaurants worldwide. Quizno s Subs #1203 is well-maintained by the owner and features a large, repeat customer base. Quizno s stores are supported by a $90 Million+ national TV advertising budget. Price $140,000: $50k + seller financing or $110k ALL-CASH. The assets include inventory at cost of $3,500 and FFE (Furniture, Fixtures and Equipment) valued at $75,000. Purchaser is responsible to pay up to $12,500 franchise transfer fees.

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:

The ~1800 SF space consists of a dining area, main sandwich prep & heating area, kitchen, 2 separate restrooms, walk-in ~5 x7 refrigeration & ~5 x7 freezer, office and dry goods storage area. The monthly lease is ~$4,050 base or ~$5,145 incl NNN. The seller reports that he has a 6% cap on NNN increases in the lease. The 10 year lease expires approximately ~Feb 2018.

Market Competition and Expansion:

This is a strong location with excellent potential. A new owner can continue to grow the business and profits in several ways: Hands-on Owner/operation Local Store marketing Promote catering to local business campuses Targeted Local advertising and marketing Billboard along 360 advertising Increase Hours to 9 pm closing Offer coupons

Reason for Selling:

Owner is employed full-time in a non-related busin

Additional Details:

  • The property is owned.
  • 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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