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#Business ID: 12909

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Quiznos Restaurant In Collin

Business Location: Mckinney, Collin, Texas, United States

Asking Price: BUSINESS SOLD Revenue: $ 419,993 Cash Flow: $ 53,446

[Furniture / Fixtures and Inventory / Stock included]

Business Summary

We have a fantastic opportunity for you to become a part of the Quiznos national franchising network by purchasing an existing, successful Quiznos store. Quiznos is in the beginning stage of implementing an aggressive growth & brand revitalization strategy. Recently the asking price was reduced by the motivated owner for a quick sale! This Quiznos is a match for those seeking a turn-key food business.

The store is approximately 1500 square feet large and is located in an upscale, high growth address of Collin County. This business is in a newer strip center on a busy thoroughfare near offices and residential communities. The equipment is current and the store s modern appearance is well maintained. The staff is well trained and provides the customer a great experience. This Quiznos has been in operation since 2004 and has operated profitably under the current owner/operator. The store has had a positive profit trend for the past 12 months and is always ranks in the top 5 of stores in the DFW region. The revenue for 2012 is $420K with seller's discretionary earnings of $53K. A new Quiznos franchise can cost $250K per location to open as a new business when an investment of $129,000 plus the franchise transfer fee of $5,000 will provide instantaneous cash flow. The price of this business includes fixture, furniture and equipment assets.

1500 sq. foot store that has current equipment and a modern, clean appearance. This is a leased store with three years remaining on a ten year term.

Property Details

Size:

1500 sq. foot

Years Established:

2004

Property Type:

Lease

FF&E:

$ 50,000

Inventory Value:

$ 5,000

Other Business Details

Competition:

While this location is an active, prime strip center with little direct competition, there are other sandwich franchise stores within a 3 mile radius.

Expansion Potential:

This location in Collin County continues to expand and it's demographics are attractive. There is a great opportunity to aggressively grow revenue & profits by focusing on the catering & delivery segment.

Business Operation Details

Support & Training:

Comprehensive franchisee training is provided

Miscellaneous Details

Reason For Selling:

Owner wishes to be a full time homemaker.

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