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Cheesesteaks & Wings Franchise - Woodlands Area For Sale

The Woodlands, Texas, US
Asking Price:
$299,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$604,681
Cash Flow:
$149,969

This award-winning Quick Serve Restaurant (QSR) franchise is located inside a popular big box store in a highly affluent area north of Houston - can’t get much better foot traffic! Rent is only 10% of sales AND INCLUDES UTILITIES!!. 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 a $10K transfer fee. Franchisor also requires buyer to have minimum $500K net worth with $175K liquid after purchase of business. Seller is offering some seller financing to a qualified buyer.

Seller's Discretionary Earnings: $149,969 Actual

Property Information

Real Estate:

Lease

Location:

Approx. 2,000SF facility

Business Operation

Expansion Potential:

Catering to nearby office buildings. Offer sampling. Implement social marketing effort. Open earlier and offer breakfast menu. Building relationship with big box GM to take advantage of marketing morein the store.

Reasons for selling:

Partnership disagreements

Trading hours:

7 days, 10am - 9pm

Employees:
4ft; 7pt
Years established:
2021

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Seller financing available

Furniture / Fixtures value:
$458,500 - included in the asking price
Inventory / Stock value:
$3,000 - included in the asking price
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