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Quick Service Franchise Restaurant - Absentee Owner

Texas, United States
Asking Price$50k
Revenue$695k
EBITDA-
Cash Flow-
Description
This quick service franchise restaurant being run owner absentee sells delicious burgers, wings, desserts and sandwiches catering primarily to a late-night crowd. This franchise was featured on “Shark Tank” where they had one of the sharks invest in their business. There are now 29 franchisees in the US with 5 of them being in Texas. In 2021, Restaurant Business placed the company on its "Buzzworthy Brands" list. They are perfectly located in Bryan/College Station area with nearly 80,000 students enrolled between Texas A&M and Blinn College. They offer food that is perfect after a game or a night out. In addition to burgers and wings, they have deep-fried desserts and sandwiches that are similar to food you can normally only get at the state fair. The size of the student population at Texas A&M has grown every year since 2004 expanding 78% over the last 20 years. The non-student population of Bryan-College Station has also grown every year since 2001 expanding 47% over the last 20 years. Manager on staff. Restaurant seats 36. $10K transfer fee to be paid by buyer. Please refer to CBB Listing #8359
Furniture Fixtures & Equipment
$106k
Inventory
$6kIncluded in Asking Price
Business is
Established Franchise
Number of EmployeesFull-Time: 9
Year Established
2017
Reason Selling
Owner lives out of town and doesn't have restaurant experience.
Facilities & Assets
2500sf facility in shopping center
Support & Training
Seller will train.
Asking Price$50k