Popular National Sandwich Franchise in South Houston
Listing: # 8317
Price: $ 150,000
Location: South Houston
Listing Profile
| Classification: |
Fast Food Establishment |
| Purchase Price: | $150,000 |
| Real Estate Price: | $0 |
| Working Capital: | $0 |
| Total Investment: | $150,000 |
| Down Payment Required: | $150,000 |
| Gross Revenue: | $640,004 |
| Discretionary Earnings: | $113,944 |
| Imputed Rent: | $0 |
| Total Cash Flow: | $0 |
Description and Operations
| Established Date: | 2014 |
| Monthly Rent: | $13,155 |
| 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. This location has just recently been converted to an internal change in franchise concept to add wings and gyros along with their well known wraps, cheesesteaks and fries all made with fresh ingredients and flavor! Changes to this concept at other franchise locations averages about 25% increase in sales. Beginning in 1989 this franchise is one of the largest in its industry with 33 franchise locations currently over 10 states in the US; 9 of them in the Houston area. Royalties are 6% and transfer fee of $7,500 to be paid by buyer.
Contact Marcia Bowron