2 Quiznos in North Houston - Strong Profits

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$425,000 $666,900

Food & Beverage: Restaurants, Fast Food, Deli

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RE: 2 Quiznos in North Houston - Strong Profits Broker: Ron Hankamer
Owner Financing is Available!

Quick Facts

Asking Price: $425,000
Annual Revenue: $666,900
Net Profit: Not Disclosed
Cash Flow: $183,528
Total Debt: Not Disclosed
FF&E: $120,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 16
BBN Listing #: 935044107
Broker Reference #: 76931-357193

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Business Overview:

Two national franchise restaurants for sale in one of the fastest growing areas in the United States. High traffic area in two prime locations with a captive market with limited competition in the area.

The Quiznos brand started in 1981 and is known for creating the perfectly toasted sub. With over 750 locations around the world, it's one of the most beloved brands in the $20 billion sandwich industry. To facilitate growth the franchisor has recently reduced its royalty and advertising fees by 40%, lowered food costs substantially through new supply agreements, has increased national promotional deals and is currently working on a deal to partner with a major retailer.

Per owner's P&L, sales were approximately $667,000 in 2019 with $183,528 in seller discretionary earnings. Included in the sale are $120,000 in FF&E, $100,000 in Leasehold Improvements, and $8,000 in Inventory. There are also 12 employees including 2 managers. The owner will offer 2 weeks training to ensure a smooth transition.

The seller spends minimal time managing these restaurants due to other business interests. As such, this is an excellent opportunity for a passive investor as the business has an established team in place with over 35 years of experienced management. It is also an extraordinary opportunity for a buyer who wants to take a more active role in the business and increase local marketing efforts to grow the lunch catering business to the many global and major corporations in the immediate area as well as increasing its local on-line marketing to popular social media platforms.

The two stores can be sold together or separately.

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Reason for Selling:

Other business 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.

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