What is the current gross revenue for this restaurant?
The current gross revenue being generated is estimated at $204,351.
How does the restaurant profit?
Current profits are generated from the gross revenue, minus food purchases, payroll, supplies, and operating expenses. This will determine your net/cash flow.
Can I finance this restaurant?
There is no seller financing. This business may qualify for a business or SBA loan. However, if financing is needed for startup cost you can review additional Financing Options Here.
What is required in order to qualify for purchase?
Typically, most franchise restaurants will have liquidity and net worth requirements (to be determined on an individual basis by franchisor), require the buyer to attend an interview for approval, background check, and in most cases, require you to form an entity such as an LLC or Corporation to purchase. This not only protects the company, but also ensures protection of your business. If you need help forming this, we recommend that you Form A Corporation Here.
What are my expenses and overhead for a restaurant business?
Expenses will vary for each restaurant owner depending on the type of restaurant, number of employees, and location. Current expenses for this owner include: payroll, payroll taxes, workers compensation, advertising, supplies, food, utilities, property rental fees, permits and licenses, phone, and liability insurance.
Is the restaurant property owned or leased?
The owner currently leases the property. Lease terms remian for 3 years with a 5 year option.
Where is the restaurant located?
Located in the Greater Washington, DC region. Physical address will be released to qualified buyers upon execution of an NDA.
What type of equipment is included with the sale?
Current list of equipment includes: 2 Walk-in Freezers, 4 smaller freezers to store food and smoothies, cash register, computer, printer, fax machine, 4 juicers (2 dual juice machines), 4 blender stations with several blenders, pre-installed counter tops, tables/chairs for indoor/outdoor seating and several steel and wood shelves for storing inventory.
What size and how many customers can this restaurant seat?
This restaurant is 800 sq.ft and can seat 8 inside and 6 outside.
Does this restaurant currently have a beer or liquor license?
No, there is no beer or liquor license included with this sale. Quiznos Franchise allows the owner to hold a liquor license and sell alcohol if they choose.
Does this restaurant offer drive-thru or delivery service?
There is no drive-thru or delivery service, but catering is offered at both locations with a huge opportunity to expand this side of the business.
How long has the seller owned the restaurant?
Seller has owned this location for 1.5 years.
Why is the owner selling?
Owner is selling due to a change in family circumstances.
What are the hours of operation?
This restaurant is open from 8am – 9pm Monday – Sunday.
What else should I know?
Established franchise opportunity. Turnkey and move in ready. Includes the cost of all equipment. Plenty of opportunity to increase revenue. This restaurant has a great reputation and brand recognition. Priced at $25,000. For additional information and to evaluate this business further Contact Us About This Restaurant Here!