2 Promissory Notes + Franchise Ready Mexican QSR Brand with Cult Fans
Asset Sale Description
Years ago, two business partners bought a promising restaurant brand and worked to grow it into a franchise. The partners were not able to give the concept the time and energy it needed due to focus on other projects. Now, you have the opportunity to own and operate a turn-key restaurant franchise.
The restaurants have a cult following and specialize in quick service Mexican food, with an emphasis on burritos, including late night hours. There is one location in the Columbus area and one location in a college town that is within 90 minutes of Columbus. The promissory notes have been paid on time to date.
This is a great opportunity for someone who wants to start a quick service Mexican franchise. Grow the existing brand, or just collect the income from the promissory notes.
We are offering for sale the following assets that will allow you to step in to the driver’s seat as a franchisor:
• Promissory Notes secured by the equipment in two different restaurants with a combined principal balance of $132,249. This is $1,259.09 per month in payments until December 15, 2037. There are 149 months remaining of the payments, which would amount to a total of $187,604 if paid until the end of the promissory notes.
o You have the option of converting the current store owners into franchisees, or allowing them to continue paying the note. If they fail to pay the note, you will take over the equipment.
o There is a lease in place in one location. The other location is currently month to month.
• Franchise Agreement and Franchise Disclosure Document. Must be updated for sales. Ready to use after update.
• Registered Federal Trademark. Up for renewal before July 2026. Will renew trademark on your behalf (including filing and legal fees) as part of the sale.
• Food Make Guides and Training Guides that will serve as starting point for franchise operations manual.
As of August 15th, 2025, the principal due on the notes is $65,674 + $66,675 = $132,249.
Restaurant Net Sales from August 1, 2024-July 31, 2025.
Location 1: $453,881
Location 2: $250,000 (Seasonal business, open 5 days/week)
The restaurants have a cult following and specialize in quick service Mexican food, with an emphasis on burritos, including late night hours. There is one location in the Columbus area and one location in a college town that is within 90 minutes of Columbus. The promissory notes have been paid on time to date.
This is a great opportunity for someone who wants to start a quick service Mexican franchise. Grow the existing brand, or just collect the income from the promissory notes.
We are offering for sale the following assets that will allow you to step in to the driver’s seat as a franchisor:
• Promissory Notes secured by the equipment in two different restaurants with a combined principal balance of $132,249. This is $1,259.09 per month in payments until December 15, 2037. There are 149 months remaining of the payments, which would amount to a total of $187,604 if paid until the end of the promissory notes.
o You have the option of converting the current store owners into franchisees, or allowing them to continue paying the note. If they fail to pay the note, you will take over the equipment.
o There is a lease in place in one location. The other location is currently month to month.
• Franchise Agreement and Franchise Disclosure Document. Must be updated for sales. Ready to use after update.
• Registered Federal Trademark. Up for renewal before July 2026. Will renew trademark on your behalf (including filing and legal fees) as part of the sale.
• Food Make Guides and Training Guides that will serve as starting point for franchise operations manual.
As of August 15th, 2025, the principal due on the notes is $65,674 + $66,675 = $132,249.
Restaurant Net Sales from August 1, 2024-July 31, 2025.
Location 1: $453,881
Location 2: $250,000 (Seasonal business, open 5 days/week)
Detailed Information
- Facilities & Assets
- • Promissory Notes secured by the equipment in two different restaurants with a combined principal balance of $132,249. This is $1,259.09 per month in payments until December 15, 2037. There are 149 months remaining of the payments, which would amount to a total of $187,604 if paid until the end of the promissory notes.
• Franchise Agreement and Franchise Disclosure Document.
• Registered Federal Trademark.
• Food Make Guides and Training Guides
As of August 15th, 2025, the principal due on the notes is $65,674 + $66,675 = $132,249.
About the Sale
- Seller Motivation
- Other Business Interests
Listing Info
- ID
- 2401957
- Listing Views
- 189
Listing ID: 2401957 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.