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Businesses For Sale

Successful Wing / Gyro Restaurant Franchise in DFW Area For Sale

Listing Agent:


Marcia Bowron

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Available

Listing: # 8192

Price: $ 125,000

Location: North Texas

Listing Profile

Classification:

Fast Food Establishment

Purchase Price: $125,000
Real Estate Price: $0
Working Capital: $0
Total Investment: $125,000
Down Payment Required: $100,000
Gross Revenue: $819,651
Discretionary Earnings: $154,180
Imputed Rent: $0
Total Cash Flow: $0

Description and Operations


Established Date: 2015
Monthly Rent: $13,185
Reason for Sale: Owner has over 20 other locations of different types and he's focusing on growing another brand and is not able to manage this location well out of Houston.
Employees(Full): 3
Employees(P/T): 6

Reason for Sale:
Owner has over 20 other locations of different types and he's focusing on growing another brand and is not able to manage this location well out of Houston.


Description:
ery successful restaurant franchise located in the food court of a popular mall between Dallas and Fort Worth is now available! Only shop in the food court serving delicious Gyros, Wings, Cheesesteaks and Smoothies. Customers love the new menu concept recently rolled out. Revenues have increased an estimated 50% over previous concept! 2021 proforma sales are without the busy Nov/Dec holiday season and in reality should come near $1mil in sales this year. 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. This location has a manager on site but could be run even more successfully by an owner-operator focusing on catering, office delivery and marketing. Owner estimates an additional $60-$75K/yr in catering sales are easily attainable. This franchise is backed by a corporate office that began in 1989 and is the largest one in its category with 80 franchise locations in the US. Royalties are 6%. Franchise transfer fee of $7500 and lease transfer fee of $400 will be split 50/50 with seller.

Contact Marcia Bowron