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Listed by:

Certified Business Brokers

Award-winning Restaurant Franchise North Houston Seller Financing For Sale

Houston, Texas, US
Asking Price:
$350,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$678,306
Cash Flow:
$122,223

This award-winning Quick Serve Restaurant (QSR) franchise is located on a busy freeway on the north side of Houston in a stand-alone building with drive through! A must have after the recent pandemic! A Walmart and other national brand fast food restaurants are nearby confirming significance of this location. The franchise has a successful 37 year tracked 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 most popular 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 6% 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.

Seller's Discretionary Earnings: $122,223 Actuual

Property Information

Real Estate:

Lease

Location:

1450SF freestanding facility

Business Operation

Expansion Potential:

More focus on catering. Implement social marketing effort. Open earlier and offer breakfast menu. Stay open later on weekend until 10/11pm on weekdays and until 2am on Fri/Sat. Get involved in community.

Reasons for selling:

Partner decision

Trading hours:

7 days, Mon - Sun 10am-9pm

Employees:
8ft; 6pt
Years established:
2055

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Seller will train

Financing available:

Seller financing available

Furniture / Fixtures value:
$705,000 - included in the asking price
Inventory / Stock value:
$3,000 - included in the asking price
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