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Quizno\'s Subs - profitable, excellent books #19087 for sale in Arlington, TX

Arlington, Texas (TX)

Asking Price: Gross: Cash Flow:
$ 180,000 $ 471,077 $ 75,533

Furniture and Fixtures Value:
$ 75,000 (included in the asking price)

Inventory Value:
$ 3,500 (included in the asking price)

Business Summary:
Quick service sandwich sub shop in a busy center in Arlington, Texas anchored by strong Tom Thumb. This store is immaculately maintained by the owner and features a large, repeat customer base. The business has experienced steady growth since opening. Quizno s offers delicious, chef-inspired subs, soups, and salads, made with the freshest ingredients. Famous for their toasted subs, Quizno s is the second largest submarine sandwich shop chain in North America. The franchise traces its roots to 1981 in Denver and now numbers 5000+ restaurants worldwide. Quizno s stores are supported by a $90 Million+ national TV advertising budget. The asking price for the assets of the business is $180,000 including inventory at cost of $3,500 and all FFE (Furniture, Fixtures & Equipment) valued at $75,000. The seller prefers ALL-CASH but will consider some financing to qualified purchaser. Additionally, the purchaser will also assume TNQ (“The New Quizno\\\'s”) remodel loan @ 5.5% approximate balance $3,750 with weekly payments of approximately $37 beginning Jan 2010 for 2 years. The new décor package will be installed in Nov or Dec 2009. Price: $180,000

 

   
Year Business was Established: 2002
   
Number of Employees: 11  
   
Facilities / Terms of Lease: The ~2000 SF high visibility space is located adjacent to a busy grocery store in a large retail center. The monthly lease is ~$2,541.67 plus approximately $450/mo for CAM. The security deposit is ~$2,451.67. The 10 year lease expires approximately Feb 29, 2012 with a 5-year market renewal options. The purchaser is responsible for any real estate lease application or transfer fees.  
   
Potential Growth/Expansion: This is a strong location with excellent potential. A new owner can continue to grow the business and profits in several ways: Promote catering to UTA, Pantego Christian Academy, Arlington High School Targeted Local advertising and marketing Promote catering to local businesses, sports organizations and schools Direct mail surrounding neighborhoods using mail list  
   
Owner willing to finance: Seller prefers all-cash but will consider some financing to qualified purchaser  
   
Owner willing to train: Comprehensive training is provided by the Franchisor. Initial manager training is required depending on the purchaser s industry skills and experience: 1 week at the Quizno s University in Denver, Colorado and 3 weeks at a regional training store. Here yo  
   
Reason for selling: Owner is planning to enter a larger, non-competing business venture.  
   
Seller Reference Number: 19087
BusinessMart.com Listing Number: 68807
 

 

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For more info contact:

Jeff Adam

Adam Noble Group
817-467-2161

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