National Franchise in SW Houston - Potential 25-35% Increase in Sales w/New Concept - Absentee Owner - Only $25K
Listing: # 8046
Price: $ 25,000
Location: Houston
Listing Profile
| Classification: |
Fast Food Establishment |
| Purchase Price: | $25,000 |
| Real Estate Price: | $0 |
| Working Capital: | $0 |
| Total Investment: | $25,000 |
| Down Payment Required: | $25,000 |
| Gross Revenue: | $511,635 |
| Discretionary Earnings: | $40,151 |
| Imputed Rent: | $0 |
| Total Cash Flow: | $0 |
Description and Operations
| Established Date: | 2001 |
| Monthly Rent: | $11,181 |
| Reason for Sale: | Owner owns 20+ other fast food franchises. Focusing on those. |
| Employees(Full): | 5 |
| Employees(P/T): | 3 |
Reason for Sale:
Owner owns 20+ other fast food franchises. Focusing on those.
Description:
Very motivated seller reduces price to only $25K for this of this national hot wrap sandwich franchise that is in a premiere shopping mall in SW Houston Metropolitan area! Data has shown that conversion to a slightly different concept (which includes wings) under same franchise, sales increase of 25-35% are expected. Awesome opportunity to get in on a highly successful newer concept at a very low cost! Franchisor will work with buyer in getting this accomplished. Absentee owner has over 25 other fast food restaurants and has committed to opening many more under a different brand name and needs to divest himself of this brand/location per his agreement. The shop currently serves fresh, healthy wraps with tasty combinations of meats, real cheeses, a variety of produce and delicious sauces. Also on the menu are flavorful customized sandwiches, salads, pitas, subs, baked fries and rice bowls. Beginning in 1989 this franchise is the largest one in its industry with 51 franchise location currently over 15 states in the US; 9 of them in the Houston area. Royalties are 6% and transfer fee of $10,000 to be paid by buyer. Landlord requires buyer to have $600K net worth to be approved for lease assignment.
Contact Marcia Bowron