Return to search results

2 Quiznos in North Houston - Strong Profits

Harris County, TX

2 Quiznos in North Houston - Strong Profits
Contact Seller

Asking Price: $495,000

Cash Flow: $178,295

Gross Revenue: $638,846

EBITDA: N/A

FF&E: $120,000

Inventory: $8,000

Established: 1997

2 Quiznos in North Houston - Strong Profits

Save Print Share Valuation Report

Business Description

Two national franchise restaurants for sale in one of the fastest growing areas in the United States. High traffic area in two prime locations with a captive market with limited competition in the area.

The Quiznos brand started in 1981 and is known for creating the perfectly toasted sub. With over 750 locations around the world, it's one of the most beloved brands in the $20 billion sandwich industry. To facilitate growth the franchisor has recently reduced its royalty and advertising fees by 40%, lowered food costs substantially through new supply agreements, has increased national promotional deals and is currently working on a deal to partner with a major retailer.

Per owner's P&L, sales were $638,846 in 2018 with $178,295 in seller discretionary earnings. Included in the sale are $120,000 in FF&E, $100,000 in Leasehold Improvements, and $8,000 in Inventory. There are also 16 employees including 2 managers. The owner will offer 2 weeks training to ensure a smooth transition.

The seller spends minimal time managing these restaurants due to other business interests. As such, this is an excellent opportunity for a passive investor as the business has an established team in place with over 35 years of experienced management. It is also an extraordinary opportunity for a buyer who wants to take a more active role in the business and increase local marketing efforts to grow the lunch catering business to the many global and major corporations in the immediate area as well as increasing its local on-line marketing to popular social media platforms.

The two stores can be sold together or separately.

Detailed Information

Location:
Harris County, TX
Inventory:
Included in asking price
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
2 weeks
Reason for Selling:
other interests
Contact Seller

Contact the Seller

Contact Seller Loading

By clicking the button, you agree to BizBuySell’s  Terms of Use and Privacy Policy


Ron Hankamer, Jr.

Business Listed By:
Ron Hankamer, Jr.

Transworld Business Advisors

Show Phone Number

View My Listings


Sponsoring Broker:
Gerald G. Brisson, CBI, M&AMI, CMAP

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1699229 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Sculpture Hospitality

Franchise Opportunity
Cash Required: $39,900