Profile: High Sales Store In Marina Bay, Little Competition. Currently Very Profitable.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
$455,773 |
| Down Payment: |
$455,773 |
| Annual Revenue: |
$537,254 |
| Annual Adjusted Net: |
$142,429 |
| Price Range: |
$250,001 to $500,000 |
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| Franchise: |
Yes |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Yes |
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Description:
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High Sales Store In Marina Bay, Little Competition. Currently Very Profitable. Additional Offices Complex Being Built In Front Of The Store. 12 Month Rolling Average Sales & Net Adj Income Shown Above. Very Upscale In Marina Bay Richmond. Surrounded By Health Department & Other Industrial, And Offices. Only Shopping Mall In The Area. Solid Gross Sale. (Sba Loan Had Been Approved From The Previous Deal - Approval Subject To The Buyer)
Marina Bay Is A Planned Upscale Community With Approximately 5500 Residents. A Large Office Population – That Will Get Substantially Larger – Fuels The Lunch Sales. There Is Very Little Other Retail Available And Very Little Retail Zoned For Future Construction.
Located On The I-580 With Easy On/Off Access.
It Is Very Unlikely Another Franchise Will Locate Near This One.
Relatively Low Labor Costs With A Largest Pool Of Applicants. Also, Competatively Low Occupancy Costs. Lease Is A 7.5-Year Lease With A 7.5-Year Option (Currently In Year 2.5 Of This Lease). 1.96psf Plus Nnn Charges. Total Square Footage Is 1,369boma.
The Store Is Very Profitable. Owner Works A Part Time.
Sale By Owner, But Brokers Are Welcome. Only Serious Inquiries Please.
Future Owner Must Meet Quizno's And Landlord’s Liquidity And Asset Standards.
Do Not Call Store Or Ask Employees About This Offer. This Is A Confidential Sale.
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