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#661
Lake Tahoe

ONCE IN A LIFETIME QUIZNO SALE!! - $100K for successful franchise

$100,000
Sold
ONCE IN A LIFETIME QUIZNO SALE!! - $100K for successful franchise
This Listing is Sold
This is the opportunity to move to beautiful Lake Tahoe, and buy a very well run and profitable Quizno's sandwich franchise for $100,000. The current owner has to leave to attend to other family business matters- The purchase price is not negotiable and must be cash- no financing. This is a once in a lifetime chance to purchase a profitable Quiznos for this low price!! Located in one of the newest and busiest parts of South Lake Tahoe, this owner has spent the last year re building the business and it shows. This location provides great exposure to the tourist and locals traffic in both winter in summer. This owner did over $558,000 in sales during 2007. While working hard to control costs, the current owner projects to take around $100,000 to the bottom line for this operation. If you have ever wanted to make to move to Lake Tahoe, this is your chance. Quiznos Corporate has hired a new Chief Executive Office who has already implemented exciting new changes to the business including implementing a simpler menu and food making process to reduce food and labor costs. These changes are already impacting the earning of all Quiznos stores. This new CEO is franchisee friendly and is working hard at making franchisees profitable. Please call him at 1-888-999-1573 to listen to his message.

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:
Lake Tahoe
Total Monthly Rent:
$10,914

Financials

Last Year's Annual Gross:
$544,515
Last Year's Food Cost %:
19
Last Year's Payroll Cost %:
12
Last Year's Rent %:
25

Operations

# of Full-Time Employees:
1
# of Part-Time Employees:
6
# of Family Employees:
1
Hours Open:
10-9 winter
9-10 summer
Year Established:
2003
Hood System Type 1:
Yes

Facilities

Indoor Seating:
40
Outdoor Seating:
25
Inside Sq. Ft.:
1400
Outside Sq. Ft.:
350+

Highlights

  • DON'T MISS THIS OPPORTUNITY- WILL SALE QUICK
  • 2007 sales over $544,000
  • All cash- No financing
  • Located in the newer area of beautiful Lake Tahoe
  • Act quick- Approaching the busiest time of the year!!
  • Great location to draw both locals and tourists
  • Good growth potential
  • Store is in like new condition
  • Major convention center to be built acorss the street

Financing

Will SBA Finance:
No
Will Seller Lend To Buyer:
No
This Listing is Sold

Demographics

Population 5-mi
2014 Total Population 18,802
Households 5-mi
2010 Number Of Households 12,436
2010 Persons Per Household 2.36
Median House Value $353,200
Income Per Household $46,859
Businesses 5-mi
2009 Number Of Businesses 828
2012 Number Of Employees 14,824
2012 Total Annual Payroll $243,370,000

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.


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