8378 - Award-Winning QSR Franchise High - Traffic Houston Location
Houston, Texas, United States
Asking Price$195k
Revenue$600k
EBITDA-
Cash Flow$129k
Description
This award-winning Quick Serve Restaurant (QSR) franchise is located off a busy freeway in the middle of an active commercial and industrial area on north side of Houston. The franchise has a successful 37 year track record and over 700 locations. With about 70% of growth coming from existing franchisees reinvesting in the brand, this speaks highly of the franchise! They have one of the simplest operations in the industry and a strong corporate team to help support the franchisee to be successful. With delicious cheesesteaks and wings being the most popular items on their menu, they also offer chicken sandwiches, loaded fries and signature real fruit lemonades. Seller is absentee and location is being run by manager. This may be the franchise you’ve been looking for! Franchisor requires 7% royalty fees, 3 weeks of training and a $10K transfer fee. Franchisor also requires buyer to have minimum $500K net worth with $175K liquid after purchase of business.
Real Estate
Leased
Building Size: 1400 sq. ft.
Furniture Fixtures & Equipment
$80k
Inventory
$3kIncluded in Asking Price
Business is
Absentee Owner
Established Franchise
Number of EmployeesFull-Time: 5Part-Time: 6
Year Established
2022
Reason Selling
Seller owns 30+ franchise businesses and has a minimum sales volume level he holds to cover his larger overhead.
Facilities & Assets
1400sf facility in shopping center
Support & Training
Seller will train
Growth Opportunities
More focus on catering. Open earlier and offer breakfast menu for Industrial workers who drive by. Get involved in community.