Selling Restaurants just reduced the price and placed this great Quiznos back on market!- This is one of the best deals we are offering - take a look at the rent and the sales! It has been in this location for nearly 5 years and has a loyal local clientele. The rent is only $2,885 including CAMS. Believe it or not, the lease is good through 2017 if your exercise all the options. Gross sales were over $422,000 a year in 2007, with adjusted net income over $52,000. There is seating for 32 with 1,200 sq ft. The owners have also indicated that they would sell the business and the new owner could decide whether or not to keep it as a Quiznos or change it to their own concept. There is plenty of parking and convenient access to shopping center. This is a rare opportunity to open a restaurant for this low of a price!! Take the next step and complete the online confidentiality agreement and you�ll be provided with the restaurant name and address. Also you will given priority notification to new listings in the future, prior to the general public, giving you the best chance to �scoop in� the best opportunities. There are also more photos available to our registered buyers.
This is a Paramount Restaurant Brokers, Inc. DBA SellingRestaurants.com listing.
Broker Mel Jones DRE License #CA00893362 and AZ BR634507000
Lease
Region:
Sacramento Restaurant For Sale
Lease Term:
4 years with options through 2017
Total Monthly Rent:
$2,600
Financials
Last Year's Annual Gross:
$422,070
Last Year's Owner's Cash Flow:
$52,945
Last Year's Food Cost %:
36.9
Last Year's Payroll Cost %:
27
Operations
# of Part-Time Employees:
12
Highlights
- Price recently reduced!!
- Keep it as Quiznos or change to your own concept
- 1200 sq feet
- Loyal Clientele
- New office buildings being built nearby
- Lease potential through 2017
- Easy in and out parking
- Convenient access in major center
- 2007 adjusted net over $52,000
- Great foothill location
Financing
Will Seller Lend To Buyer:
No
Demographics
Population |
5-mi |
2014 Total Population |
26,701 |
Households |
5-mi |
2010 Number Of Households |
11,435 |
2010 Persons Per Household |
2.33 |
Median House Value |
$338,191 |
Income Per Household |
$57,607 |
Businesses |
5-mi |
2009 Number Of Businesses |
1,162 |
2012 Number Of Employees |
22,940 |
2012 Total Annual Payroll |
$380,667,000 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that Paramount Restaurant Brokers, Inc. ("Broker") or its agent(s) do not audit or verify any above information given to or gathered by Broker or its agent(s) from Seller, our Client, or make any warranties or representations as to its accuracy or completeness of the information provided, nor in any way guarantee future business performance. The User should perform a complete and detailed due diligence on the business and or real estate before buying it. In some cases, forward looking statements may have been made but these statements are absolutely no guarantees of future performance of the business as each User has differing skills sets to either grow the business or kill the business. Owning a business is a risky venture, but can also be a rewarding one. The User of this website is solely responsible to examine and investigate the Business and or real estate, its assets, liabilities, financial statements, tax returns, and any other facts which might influence the User's purchase decision or the price the User is willing to pay. Any decision by User to purchase the Business shall be based solely on User's own investigation and that of User's legal, tax, and other advisors and not that of Broker or its agent(s). Any listing information may change at any time without any notice to User.