Popular National Sandwich Franchise in South Houston
Listing: # 8317
Price: $ 265,000
Location: South Houston
Listing Profile
| Classification: |
Fast Food Establishment |
| Purchase Price: | $265,000 |
| Real Estate Price: | $0 |
| Working Capital: | $0 |
| Total Investment: | $265,000 |
| Down Payment Required: | $215,000 |
| Gross Revenue: | $743,273 |
| Discretionary Earnings: | $144,201 |
| Imputed Rent: | $0 |
| Total Cash Flow: | $0 |
Description and Operations
| Established Date: | 2014 |
| Monthly Rent: | $12,890.90 |
| Reason for Sale: | Owner has 30+ other brands / locations and is focusing on another brand. |
| Employees(Full): | 4 |
| Employees(P/T): | 4 |
Reason for Sale:
Owner has 30+ other brands / locations and is focusing on another brand.
Description:
This popular national sandwich franchise located in a local mall in an upscale area south of the Houston Metropolitan area has been enjoyed by employees and patrons for over 12 years. Absentee owner has over 30 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. 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 one of the largest in its industry with 34 franchise locations currently over 15 states in the US; 7 of them in the Houston area. Royalties are 6% and transfer fee of $7,500 to be paid by buyer.
Contact Marcia Bowron