Highly Profitable Gourmet Fast Food Restaurant

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Asking Price:
$350,000

Gross Revenue:
$301,000
Cash Flow:
$134,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$50,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

National franchise restaurant for sale in one of the highest growing areas in the United States (Montgomery County). High traffic area in prime location with a captive market with limited gourmet fast food competition in the area. The brand is well known, and the franchisor has recently reduced its royalty and advertising fee by 40%, lowered food costs substantially through new supply agreements, has increased national promotional deals and is currently working on a deal to partner with a major retailer. The current owner spends minimal time managing this restaurant, which is on remote control, due to other business interests. As such, this is an excellent opportunity for a passive investor as the business has an established team in place with over 35 years of experienced management. It is also an extraordinary opportunity for a buyer who wants to take a more active role in the business and increase local marketing efforts to grow the lunch catering business to the many global and major corporations in the immediate area as well as increasing its local on-line marketing to Uber Eats, Grub Hub, Door Datch, East 24 and other Social Media Platforms. Return on investment is less than three years for a passive investor and could be circa two years with an active investor. Additional location available for sale nearby for an additional cost of $275K with earnings of $107K.

About the Business

Location:
Montgomery County, Texas
Number of Employees:
8
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About the Sale

Reason For Selling:
other interests
Training/Support:
2 weeks

Listing Info

ID:
1608070
Ad Detail Views:
0

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Business Listed by

Byron Zimmermann

Transworld Business Advisors

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Sponsoring Broker:

Gerald G. Brisson, CBI, M&AMI, CMAP
Transworld Business Advisors

U.S. Census Data for Montgomery County, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

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

U.S. Community Survey Data for Montgomery County, TX
Income

Education

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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