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Businesses For Sale

Nat'l Sandwich Franchise in Class A North Houston Shopping Mall For Sale - Only $75K

THIS LISTING HAS SOLD!

Listing Agent:


Marcia Bowron

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Sold

Listing: # 8102

Price: $ 75,000

Location: Houston

Listing Profile

Classification:

Fast Food Establishment

Purchase Price: $75,000
Real Estate Price: $0
Working Capital: $0
Total Investment: $75,000
Down Payment Required: $75,000
Gross Revenue: $517,144
Discretionary Earnings: $83,113
Imputed Rent: $0
Total Cash Flow: $0

Description and Operations


Established Date: 2009
Monthly Rent: $15,362
Reason for Sale: Seller owns over 20 other store locations and is growing another brand
Employees(Full): 4
Employees(P/T): 5

Reason for Sale:
Seller owns over 20 other store locations and is growing another brand


Description:
Very motivated seller of this very popular national sandwich franchise that is located in a Class A shopping mall in North Houston Metropolitan area. They have a great customer base of mall employees and patrons. Absentee owner has over 20 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 serves fresh, healthy wraps with tasty combinations of meats, real cheeses, a variety of produce and delicious sauces. Also on the menu are customized sandwiches, Gyros, Philly Cheesesteaks, salads, pitas, subs, baked fries and rice bowls all made with fresh ingredients and lots of flavor! Beginning in 1989 this franchise is the largest one in its industry with 80 franchise locations currently in the US; 10 of them in the Houston area. Royalties are 6% and transfer fee of $7,500 to be paid by buyer. Listing #8046 is the same brand available from the same seller and he will discount for the purchase of both locations. COVID affected business but still profitable. Buyer needs $600K net worth for lease approval.

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