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Pawleys Island Quiznos - Price Reduced!

Pawleys Island, South Carolina (Georgetown County)

Retail - Restaurants | Retail - Other Eating & Drinking Places

Asking Price $170,000 Inventory $3,200** 
Gross Income $395,198 Real Estate  
Cash Flow $71,064 Year Established N/A
FF&E $46,816* Employees N/A

* included in the asking price

** not included in the asking price

Quizno s is one of America s most popular franchises with over 4,000 stores worldwide. The initial investment needed to open a new Quizno s ranges between $210,000 to $250,000 in upfront costs. Your initial cost is supported only by an expectation of future revenue. This restaurant is already well established with nearly $400,000 in annual revenue and a strong cash flow history. If you want to own a Quizno s, this is your best opportunity to minimize both your capital expenditure and your risk. The restaurant has an excellent location in Pawleys Island, directly on ByPass 17, at a corner with a traffic signal providing easy access. In the heart of the Pawleys Community, this Quiznos has a loyal base of local customers and enjoys heavy seasonal tourist traffic. The restaurant was recently expanded to provide a fifty plus seating capacity. This Quiznos has been run by absentee owners. An on-site owner could realize significant increases in profitability by directly managing food/labor costs, introducing a delivery service and offering catering to local businesses. There has been no consistent or concentrated marketing to local businesses or to hotels in the area. This is an exceptional opportunity to build on a loyal local clientele that is enhanced by heavy seasonal tourist traffic. Corporate Quizno s has a new CEO who was responsible for the turnaround of Continental Airlines and Burger King. J.P. Morgan has recently made a major investment in the Quizno s System. The Corporation has never been in a better position to support its franchisees. The new program for delivery and catering is an example of the more aggressive corporate approach to capturing market share.

Facilities: This restaurant is located directly on ByPass 17 in Pawley's Island. The space has been recently expanded to seat fifty plus customers. All euipment is in good operating condition and the lease has very favorable terms.

Competition: This location has a loyal local following and enjoys heavy seasonal tourist traffic.

Growth/Expansion: This Quiznos has absentee owners. An on-site owner could more readily focus on controling food and labor costs as well as adding delivery and catering services.

Reason Selling: Absentee owners with other business interests

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