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Businesses For Sale > Business For Sale in Renton, Washington (WA)
Sub Shop Huge $90,000 Price Reduction for sale in Renton, WA
Renton, Washington (WA)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 38,000 |
$ 285,600 |
$ 82,122 |
Furniture and Fixtures Value:
$ 4,000 (included in the asking price)
Inventory Value:
$ 2,000 (not included in the asking price)
Business Summary:
Quiznos franchise or not your choice Renton asking only $99,000. ($36,000. price reduction)
Only sub shop in area. Located on a very busy street with heavy traffic well into the night. Many strong anchors nearby to keep the customers coming into this plaza, IKEA, Boeing, East Valley Hospital, movie theaters, even a truck terminal, all bring hungry people looking for a reasonable priced meal like a soup and a sandwich. No other sandwich shops nearby so you have the whole sandwich market all to yourself. In front of sub shop is a bus stop. Is established, fully equipped and totally turnkey. Major franchise so many safety nets in place to ensure your continued success. Plenty of parking. Lots of potential as current owner does no delivery, catering or breakfast type stuff. This is a very densely populated area of Renton with businesses, residences and just a very lot of people. So the delivery and catering is just a natural way to increase profits. With a Starbucks next door and a truck terminal only a few blocks away there is a morning breakfast crowd here that is currently going unclaimed. Clean and bright inside also has room for more considerable more seating. Currently seats 34 inside with an additional 8 outdoor seating. This restaurant is also spacious enough that it is conceivable that a small ice cream or juice bar could be put in to also increase cash flow. Seller motivated willing to take buyer by the hand all through the ownership process. Some seller financing available. Has been approved to sell as an independent, thus opening the door to adding ice cream, frozen yogurt, smoothies, and bubble tea etc.. There is no competition in the area on these treats so they should bring in big dollars. Seller is doing about $850. a day in sales. Great buy now at $99,000..
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| Year
Business was Established: 2004 |
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| Number of Employees:
1 FT 2 PT |
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| Facilities / Terms of Lease:
Clean and bright, spacious enough to expand, buy as an independent and be creative. Location and facilities are in excellent condition and landlord super friendly. |
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| Potential
Growth/Expansion:
There is no other sandwich shops in the area. Strong anchors Starbucks, IKEA, Movie theaters, Truck terminal all ensure a steady high flow of people coming into the area. This is a very densely populated area of Renton. Buy as a non franchise and go to town with yogurt, smoothies, ice cream along with sub sandwiches all these treats have little or no competition in the area. |
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| Competition:
Great opportunity to expand, could add catering and delivery to the many offices and homes in the area. Also could add a breakfast menu, there's a Starbucks next door and a truck terminal that brings an early morning crowd that could be tapped into. Also store is conceivably big enough to add a small ice cream or juice bar to increase profits. |
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| Owner
willing to finance:
50% down, balance to be paid 6% interest over 1 year |
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| Owner
willing to train:
Seller willing to over all the necessary training |
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| Reason for selling:
Seller want to move out of country back to home country to take care of his aging parents |
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Seller Reference Number: ds/Rqzns
BusinessMart.com Listing Number: 105366 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
 Kirk L. Edwards
KR Business Brokers
206.391.7365
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