Two National Franchise Restaurants in North Houston

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MONEY MAKING! PROFITABLE!! ABSENTEE!!! Multi-Unit... **WILL NOT LAST**
Asking Price:
$600,000

Gross Revenue:
$640,000
Cash Flow:
$228,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$8,000
included in asking price

FF&E:
$120,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Two national franchise restaurants for sale in one of the highest growing areas in the United States (Montgomery County). High traffic area in two prime locations 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 these restaurants, which are 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. Restaurants sold together or separately.

About the Business

Location:
Spring, Texas
Number of Employees:
8
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About the Sale

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

Listing Info

ID:
1608051
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


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