S357 - Franchise Restaurant – The Woodlands,

Franchise Restaurant – The Woodlands, TX

Location

City Houston
State TX
County Montgomery

Financial Information

Asking Price $265,000 Show Loan Calculator
Down Payment
Annual Receipts $780,000 ('11)
Cash Flow $107,000 ('11)

General Information

Description Located in a growing region of The Woodlands (North Houston), this franchise restaurant opened three years ago to instant success. The restaurant originally opened in a small space which it quickly outgrew. Two months later the owners removed the wall to an adjoining space which doubled the size and with other modifications improved customer flow. The franchisor is the leader in its sector and has over 200 restaurants across the nation. There are no similar restaurants within 11 miles in any direction. There is plenty of parking and though catering has not been emphasized, included with the business is a delivery van for catering. A new restaurant of similar size could cost as much as $400,000 to open. The new owner will be getting the business at less than startup cost. The Buyer will need to be approved by the Franchisor who will also provide comprehensive training, the cost of which is covered by the transfer fee. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. For more information contact Frank Duringer at 210-348-8989 or info@bbofsa.com.
Reason For Sale Owner's relocating
Franchise Yes
Home Based No
Relocatable No
Year Established
Year Acquired
Employees 3 FT 7 PT

Building Information

Building Sq. Footage 2520 square feet
Monthly Rent $5,116 per mo.
Real Estate Available No

Contact Business Brokers of San Antonio for more information.