Business For Sale Listing 153090
Popular Quizno's Sub Franchises, Two Locations
Status as of Nov-20-2008 at 06:41 PM: Active
Business Summary
This is one of the top sub franchises. Both locations have been open for six years. The stores are located in one of the busiest areas on the North and Northeast side of Indianapolis. They both have a strong local advertising presence.
They are ideal for an owner/operator. Royalty is 7% plus 4% for Advertising. For 2007, Location 1 had gross revenue of $343,000. For 2007, Location 2 had gross revenue of $478,000. At Location 1, there is 1 manager and 6 part-time employees. At Location 2, there are 2 managers (day & evening), 3 full-time and 7 part-time employees.
At Location 1 there are approximately 1600 sq. ft. at $3250 per month including CAM charges. The lease is in its 2nd year of an initial term of 5 years plus a 5 year option.
At Location 2, there are approximately 1,600 sq. ft. at $3800 per month including CAM charges. The lease is in its 6th year and there is another 5 year option available. The equipment is in good condition at both locations.
Detailed schedules of assets to be included in the sale are available upon request. Franchisor training is mandatory. The asking price of $225,000 for both stores plus transfer fee and inventory.
Categories
Industry
Location
Financials
| Sales: |
Between $500 Thousand And $1 Million (821,000) |
| Profits: |
Not Disclosed |
| Profit Type: |
Not Disclosed |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (225,000) |
