Franchise for Sale - Money Maker is Priced to Sell!

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Asking Price:
$125,000

Gross Revenue:
$458,070
Cash Flow:
$26,610
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Franchise for sale in the greater Houston market! Established business in place over a decade. Simple to run! Priced to Sell!
Buy this franchise for sale with just 20% down! Perfect books and records qualify for lending with earnings on the books! Location has been a strong money maker for many years. Seller has installed the newest signage and multiple upgrades. That will only help to build upon the secure earnings and track record in place at this franchise for sale location.
This business will qualify for BOTH lending and an E2 visa. This franchise for sale has been operating for 10 years in the same location. Sales exceed $450,000 per year . There is a limited amount of improvements still pending but the bank will roll this into your lending with the restaurant brokers resources ready to go. The cost for minor improvements remaining is $15,000 or less. New artwork, fresh paint and many elements already in place reflect the latest upgrades required by the brand.
Perfect books and records. Outstanding market. Houston ranked among the top-performing U.S. metros last year and has historically been a top 10 metro leading the nation in population and job growth. In March 2018, the Brookings Institute ranked Houston the 5th best performing metropolitan area by change in growth. Store is in a prime location nearby a business park with plenty of lunch business. Add that to the existing strong and loyal customer base and you've got yourself a recipe for success!his franchise for sale which seats 50 guests is located in a 2,100 square foot space with rent rate set at $5,582.50 per month including CAMS. The current lease expires in November 2023.
Training is not an issue when you buy this franchise for sale in a booming marketing. There is a minor $7,500 training and transfer fee that covers four weeks of corporate instruction along with legal assignment of a brand-new franchise agreement. Reasonable royalties -- this franchise for sale charges just 6% of sales and 2% marketing fees, numbers already included in the costs available for your review in our document prepared by the restaurant brokers.
Franchise has a rich history that started in Tennessee 20 years ago with a focus on hearty subs . Today they have expanded their reach to include almost 100 locations throughout the southeast region of the United States.

About the Business

Year Established:
2008
Number of Employees:
9
Franchise:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,100
Rent:
$5,586.00 Per Month
Lease Expiration:
11/30/2023
Facilities:
Item Count Value Kolpak Walk-In Cooler 1 1 Southbend Convection Double Oven Gas 1 1 Line Prep Table - 67 inches 1 1 Step In Freezer 1 1 Globe 12 Slicer 2 2 Merchandiser 2 Door Sliding Glass 1 1 Deli Case Open View 1 1 Brink Office Computer 1 1 Kitchen Prep Table 44 inches 1 1 Ice Maker Half Dice 530 lb 2 2 Natural Gas Griddle 25 by 48 1 1 POS Computers Printers Credit Card Terminals Scanners 3 3 POS Network 1 1 Chef Supreme Heater Proofer Cabinet 1 1 Everpure Water Filtration System 1 1 Televisions 2 2 Booth Seats 5 5 Commercial Microwave Oven 1 1 Stereo Receiver and Dining Room Speakers 1 1 Stainless Steel Worktable 7 7 Dining Table and Base - 48 inch Round 1 1 Assorted Pans 1 1 Lincoln Redco Insta Dice 1 4 inch cut 1 1 Saber Tomato Slicer 1 1 Nemco Lettuce and Onion Slicer 1 1 Walk-In Cooler Rack 2 2 Dining Table and Base 36 inch 6 6 Assorted Knives 1 1 Heat Lamp 1 1 Freezer Dunnage Rack 2 2 Bun Pan Rack with Zipper Protective Cover 4 4 Edlund Commercial Can Opener 1 1 Chair Natural Brown 30 30 High Chair Wooden 4 4 Counter Set Cup Dispenser Sleeves 2 2 Highboy Trash Can 6 6 Mop Bucket 35 Qt 1 1 Bread Storage Bin 2 2 Booster Seats Black 4 4 Kitchen Digital Thermometer 1 1 Wet Floor Sign 1 1 Cooler Thermometers 5 5 Bun Pan Full Size 18 by 26 40 40 Heat Lamp Bulbs 4 4 Kleen Pail - Sanitizing 4 4 Oval Basket - Large 24 24 Oval Basket - Small 48 48
Website:
https://www.wesellrestaurants.com
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About the Sale

Reason For Selling:
Other
Training/Support:
4 weeks

Listing Info

ID:
1584711
Ad Detail Views:
0

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Business Listed by

Robin Gagnon

We Sell Restaurants
License# GA SL327379

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152

U.S. Census Data for Harris County, TX
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Harris County, TX
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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