Business Summary:
This is the ONLY gourmet sub shop and deli in the area. It has an outstanding location across from the Central Market and right on the entrance to the new Towne Center. The business occupies 1500 sq ft and has seating for 32. It opened in Oct of 2005 and everything is still just like new. The Franchise Royalty is 7% - the Regional Ad Fund fee is 3% - the National Ad fund fee is 1%. The Franchisor provides 3 weeks of intensive in store training and one week of training at Quizno's University in Denver. The Transfer fee is 10% of the sales price. The Seller has already established several on going catering accounts to local businesses and the new owner could easily increase this and add in some of the local schools in the area. Quizno's is just introducing Pizza to its menu and this will help to stimulate the business. This business is in the ideal demographic location and is surrounded by businesses in the Towne Center and a booming growth of residential population in the Mill Creek area. The Seller's husband has been deployed to Iraq and must sell. Priced below the cost to build a new location - Seller's loss - Your Gain.
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| Year
Business was Established: 2005 |
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| Number of Employees:
0 FT / 8 PT |
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| Facilities / Terms of Lease:
This is an outstanding location in the new Mill Creek Towne Center. The business occupies 1500 sq ft and has seating for 32. It opened in Oct of 2005 and everything is still just like new. The base rent is $3,938 plus monthly NNN charges of $962. The Lease runs till 10/30/2015 and has two (2) 5 year options to extend. |
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| Potential
Growth/Expansion:
The Seller has already established several on going catering accounts to local businesses and the new owner could easily increase this and add in some of the local schools in the area. Quizno's is just introducing Pizza to its menu and this will help to stimulate the business. This business is in the ideal demographic location and is surrounded by businesses in the Towne Center and a booming growth of residential population in the Mill Creek area. |
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| Competition:
This is the only gourmet sub shop and deli in the area. It has an outstanding location across from the Central Market and right on the entrance to the new Towne Center. |
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| Owner
willing to finance:
Cash or Bank Financing |
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| Owner
willing to train:
The Franchisor provides 3 weeks of intensive in store training plus one week at Quizno's University in Denver. The Seller will provide 1 week of additional in store training if needed. |
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| Reason for selling:
The Seller's husband has been deployed to Iraq. |
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Seller Reference Number: hfngMCQuiznos
BusinessMart.com Listing Number: 36296 |
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