#1846
Seattle Restaurants For Sale
Seattle Restaurants For Sale
1 of top 40 Quiznos in Washington State / Priced to Move
$129,000
Selling Restaurants presents this Sub Sandwich and Ice Cream shop as one. The specialty Ice Cream store was just opened in October and has just started to pick up steam. These businesses are in one of the busiest business parks in North Tacoma. There are 800 small businesses within 1 mile of the location. It neighbors a Starbucks that is not even a drive thru and is swamped with customers all morning, then come mid day and evening, they are yours! They purchased this location in June of 2007 and quickly turned this store around increasing sales from $11,000 to $30,000 a month the next year during our economic slow down, that says tons about the potential for this store. The stores are well organized, spotless and run smoothly. The franchise agreement can or doesn�t have to be purchased for the sub shop. The ice cream is the only one in this state; it is healthy, gluten free and absolutely amazing. Additional street signage just became available for additional exposure. Take advantage of learning from a pro, the owner has been responsible for some incredible corporate franchises and took this knowledge with him to run his own stores. Opportunities for a mentor like this don�t come along every day, so stop in see both stores, and then give me a call.
This is an Add Value Alliance, Inc Listing.
click for more demographic info
This is an Add Value Alliance, Inc Listing.
This is a Stone Path Brokerage Services, Inc. DBA Selling Restaurants San Diego listing.
Broker of Record Rob Tade DRE License #01339409
Broker of Record Rob Tade DRE License #01339409
Lease
Region:
Seattle Restaurants For Sale
Lease Term:
Expires 06/30/2015
Total Monthly Rent:
2597 Quiznos/1880 Londons
Security Deposit:
$5,560
Financials
Last Year's Annual Gross:
$346,899
Last Year's Food Cost %:
31.7%
Last Year's Payroll Cost %:
21.6%
Operations
# of Part-Time Employees:
8
# of Family Employees:
2
Hours Open:
Monday thru Sat 10:30 - 9pm
Sunday 11:30-8PM
Sunday 11:30-8PM
Year Established:
1999
Facilities
Indoor Seating:
35
# of Parking Spots:
20
Inside Sq. Ft.:
1400 Q/1050 L
Highlights
- 800 small business within 1 square mile
- Walk in Refrigerators, Oven, Meat Slicer
- Full Service Specialty Ice Cream Store
- High Volume and Well Known Area
- Franchises are Still SBA Financeable
- New Franchise design in January and Seller will pay for Remodel
- Take advantage of being able to learn from a Pro
- Well equiped and organized
- Lease is good until 2015 (that is value)
- A profitable Quiznos, Consistently in Top 40 of 115 stores, the Top 35% of entire NW
- Owner will train to run like a well oiled machine
- New Street Signage just added, Now 2 signs on the Road, Each Marguee street sign is on a different Road surrounding Shopping Center
Financing
Will SBA Finance:
Yes
Will Seller Lend To Buyer:
No
Demographics
| Population | 1-mi. | 3-mi. | 5-mi |
|---|---|---|---|
| 2014 Total Population | 7,045 | 81,300 | 169,990 |
| Households | 1-mi. | 3-mi. | 5-mi |
| 2010 Number Of Households | 3,010 | 33,288 | 69,618 |
| 2010 Persons Per Household | 2.09 | 2.29 | 2.29 |
| Median House Value | $268,500 | $250,492 | $257,311 |
| Income Per Household | $46,816 | $51,384 | $53,254 |
| Businesses | 1-mi. | 3-mi. | 5-mi |
| 2009 Number Of Businesses | 97 | 1,806 | 4,608 |
| 2012 Number Of Employees | 2,064 | 51,718 | 135,440 |
| 2012 Total Annual Payroll | $23,034,000 | $1,045,557,000 | $2,945,296,000 |
click for more demographic info
Disclaimer
Notice: The User (that's you reading this) of this Website understands that STONE PATH BROKERAGE SERVICES CORPORATION ("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. DRE License # 01339409.
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