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Franchised Sub Shop, Near College

This Quiznos Classic Sub is uniquely positioned in the market where there are no other Quiznos, no Jersey Mike's Subs, and no Firehouse Subs within 25 miles of this location in a community with 2 colleges. If you choose to buy this business, you must be prepared to manage your food cost to 28.5% of sales, manage your employee cost to 21.6% of sales, initiate Quiznos delivery system (current store has no delivery program), and execute a Quiznos supported local marketing plan. This store opened in November 2006 and this store had an annualized sale rate of $487,000 in the first quarter of 2007, so the sales are available to the right owner who can market locally.

Two partners purchased Quiznos as investment. They thought they could build the store and Quiznos brand would fill the store with customers. After 2 full years, they realize the store requires operational management and local advertisement to create six figure income.

More than one-third of all retail sales in the US are generated from franchised businesses. Why all the interest in franchising? It's because people want to reduce their risk. They want to use a proven business model, and sell branded products that consumers want.

The US Small Business Administration tracks loan performance among start-ups. The big news is this: The top ten franchisors (by loan count) had a loan failure rate that was HALF as low as small businesses generally. So it's true that all franchisors offer you a system and a brand, but if you want a better shot at success, go with Quiznos Classic Subs.

Quiznos is investing in turn-around, similar to Starbucks, by re-hiring co-founder Rick Schaden as CEO.