Quiznos Franchise - 1st Class Location
Location:
United States
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California
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Southern California - All Southern California
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San Diego
Industry: Food and Beverage > Other Food and Beverage
Business Summary
This South San Diego Quiznos franchise restaurant and deli for sale, which has a miniature hood exhaust, walk in refrigerator and walk in freezer, is being offered at an extremely attractive price. The restaurant may continue as a Quiznos or it may be converted to a competitor's brand or be run as an independent deli / restaurant. This is an ideal location for a 5 day deli, as owners are able to capitalize on the surrounding office buildings and built in commercial traffic. The business is currently run absentee; allowing a working owner to achieve immediate cost savings.
Asking Price $75,000. This 1,480 square foot facility leases for $6,000 per month including CAM on a 25 year lease valid until 2027 (the landlord agreed to a reduced rent of $3,000 for 2009). The sale includes all of the restaurant's furniture, fixtures and equipment, including a conveyor oven with a reduced size hood and exhaust system, walk-in refrigerator and freezer, deli prep stations and slicers, and computer equipment. The franchise fee and $3,000 in inventory are also included in the asking price.
Competition is considered medium as other restaurants exist. This deli is located near office buildings with very few competitors in the immediate vicinity.
The business has a great deal of growth potential. The current owners have not aggressively promoted the business, and have bypassed most conventional advertising methods as they have solely relied on the franchise's brand name to attract new customers. A new owner may continue with the Quizno's concept or convert the facility to another sandwich / deli restaurant, which could capitalize on its prime location and infrastructure.
Financials
Asking Price Range: < $250K
Gross Revenues:
$251,000
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Inventory: $33,000
Seller Financing: No
About The Business
Year Established: 2002
Number of Employees: 4 - 5
Relocatable: No
Franchise: Yes
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 2 weeks at 20 hours/week.
Reason For Selling: Other business ventures.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Other Food and Beverage business for sale.
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Print Listing Id: 700115243
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