S436 – Excellent Franchise Restaurant in N Ho

Under Contract - Excellent Franchise Restaurant in North Houston

Location

City Houston
State TX
County Harris

Financial Information

Asking Price $199,000 Show Loan Calculator
Down Payment
Annual Receipts $770,000 (2016)
Cash Flow $103,000 (2016)

General Information

Description This great restaurant would make an ideal investment for an owner/operator. The restaurant has been consistently profitable and even though sales were down in 2016 it still generated over $100k in owner cash flow. The staff in place is fully trained and capable of successfully operating without direct supervision but the store could excel even more with the presence of an on-site owner. The store is located in one of the fastest growing areas in Houston with several large corporate offices nearby including the new Exxon-Mobile headquarters. Catering represents about 15% of revenue and could be much higher with an actively involved owner. The owner has another business and is unable to provide the attention this business deserves. The franchisor is the leader in its sector and has over 500 restaurants across the nation and was recently ranked #4 in a Top 100 Fast Casual Restaurants list. 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 Demands of another business
Franchise Yes
Home Based No
Relocatable No
Year Established
Year Acquired
Employees 2 FT 10 PT

Building Information

Building Sq. Footage 2,700 sq. ft
Monthly Rent $7,678 /mo
Real Estate Available No

Contact Business Brokers of San Antonio for more information.