Popular Franchise Lowers Price to $125K - Motivated Seller!

Texas, United States

Asking Price$125k

Revenue$592k

EBITDA-

Cash Flow$96k

Description

This popular national sandwich franchise located in a local mall in an upscale area south of the Houston Metropolitan area has been enjoyed by employees and patrons for over 12 years. Absentee owner has over 30 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. This location has just recently been converted to an internal change in franchise concept to add wings and gyros along with their well known wraps, cheesesteaks and fries all made with fresh ingredients and flavor! Changes to this concept at other franchise locations averages about 25% increase in sales. Beginning in 1989 this franchise is one of the largest in its industry with 33 franchise locations currently over 10 states in the US; 9 of them in the Houston area. Royalties are 6% and transfer fee of $7,500 to be paid by buyer. Please refer to CBB Listing #8317

Furniture Fixtures & Equipment

$198k

Inventory

$2kIncluded in Asking Price

Business is

Established Franchise

Number of EmployeesFull-Time: 8

Year Established

2012

Reason Selling

Owner owns 30+ other brands / locations and is focusing on another brand.

Facilities & Assets

600sf facility in shopping mall

Support & Training

Seller will train

Growth Opportunities

Catering focus and more marketing with 3rd party delivery companies. Owner-operator should increase revenues and lower costs.

Asking Price$125k

Learn MoreAfter inquiring the broker will reach out to you to discuss the next steps.