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Sub Shop Give Away Price for sale in Downtown Redmond , WA

Downtown Redmond , Washington (WA)

Asking Price: Gross: Cash Flow:
$ 35,000 $ 180,000 $ 78,000

Furniture and Fixtures Value:
$ 5,500 (included in the asking price)

Inventory Value:
$ 2,000 (not included in the asking price)

Business Summary:
Great Redmond downtown location, steady flow of walk by traffic. Many repeat, regular customers as well. Established, fully equipped and totally turnkey. Is not a franchise so you have no limits on your menu, along with great tasting sub sandwiches the current owner serves espresso and teriyaki. Pretty much serve what you want, your imagination and creativity is the only things limiting you on the food served here. On a scale of 1 to 10 and 10 being motivated the seller is a 10 (very motivated). There is over a $60,000. price reduction on this sandwich shop. Seating capacity is 24 and additional seating outside. Seller is willing to train, plenty of parking, more than 20 spots available. Great potential for growth, with no franchise fees or royalties to pay all profits can be put back into the business if so desired. Also current owner has limitations as to establishing any kind of ongoing catering accounts and lacks the ability to do any kind of serious marketing. This sub sandwich shop is already making a profit and with an owner operator that can provide energy and direction the profits could easily see a significant increase. Due to the great location, the huge price reduction, the sub shop is profitable and the excellent potential for growth all make this sandwich shop worth checking out.

 

   
Year Business was Established: 2002
   
Number of Employees: 1FT / 1PT  
   
Facilities / Terms of Lease: Lease expires 1/10/2012 is renewable.  
   
Potential Growth/Expansion: Is not a franchise so you have no limits on your menu, along with great tasting sub sandwiches the current owner serves espresso and teriyaki. Pretty much serve what you want, your imagination and creativity is the only things limiting you on the food served here. Great potential for growth, with no franchise fees or royalties to pay all profits can be put back into the business if so desired. Also current owner has limitations as to establishing any kind of ongoing catering accounts and lacks the ability to do any kind of serious marketing. Call me.  
   
Competition: The only other sandwich shop in the area is a franchise sub shop so they can not compete with this non-franchise menu variety. Current owner here serves espresso and teriyaki. If you're creative at all you can add to the menu what ever you'd like.  
   
Owner willing to finance: $40K down, 1 year note at 6% interest rate  
   
Owner willing to train: Seller willing to train in all aspects of business 2 wks  
   
Reason for selling: owner is mom with a small child wants to spend more time with child  
   
Seller Reference Number: ds/redsub
BusinessMart.com Listing Number: 93564
 

 

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For more info contact:

Kirk L. Edwards

KR Business Brokers
206.391.7365

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