Easy to Operate Money Making Restaurant Franchise by the Galleria Area

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Financial Highlights
Asking Price
$150,000
Revenue
$492,150
Business Description

If you want to make money, be your own boss and be part of the fast moving food industry this is the business for you! This is a Texan brand with more than 45 years in business and close to 400 locations in the country. This location has been in business since 2009 and it was remodeled in 2015 and 2019. Selling for less than 2X earnings this is a GREAT BUY! It is a well known international franchise deli/café selling savory sandwiches, pizzas, salads, soups, flatbreads and wraps. They are also popular for their delicious pizza crusts and sandwich buns baked from scratch every day. Restaurant seats 60 providing 70% of their business; 30% is catering/delivery through UberEats, DoorDash, GrubHub, EZ Cater, Postmates and Fooda. Opening a new franchise costs between $700,000 and 1 million, so grab this one while it is available for just a fraction of the cost to start a new one. This in addition to having an existing positive cash flow from day 1. Royalties and marketing are 10% of sales (local and national marketing). There is a 20K transfer fee to be paid by buyer who needs to be approved by the franchisor. The franchise does not allow owner absentees and the new owner or someone designated by the new owner needs to attend a 4-week training program usually in Austin, TX. Please be discrete as employees are unaware the business is for sale. Location: Houston, Texas Year Established: 2009 Number of Employees: 9 Franchise: Yes Real Estate: Leased Building Sq. Ft.: 2,494 Rent: $5,661.38 Per Month Lease Expiration: 7/31/2023 Facilities: Fountain machine ice dispenser, Master bilt cooler, BKI heated display case, amana microwave, NCR POS terminals (2), radient system server computer, convection ove, XLT double decked oven (2), hoshizaki ice machine, walk in cooler, hoshizaki freezer, metro proof box, doyon convection oven, berkel 20qt mixer, true cooler 5ft, true cooler 6ft, prep table (2), berkel automatic slicer, apw wyott food wrmer, 42" digital menu boards with NCR (6), lobby sign, chairs (50), bench (3), tables (27) Market Outlook/ Competition: Other deli restaurants in the area although not all have a bakery nor have the 50-yr Texan brand awareness. Growth & Expansion: Open longer hours, offer alcohol, breakfast and grow the catering business including adding more 3rd party delivery partners.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 13, 2022

Updated: 5 days ago

Views: 15

Favorites: 0