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Downtown Franchise Sandwich Deli Starbucks Absentee Owner For Sale

Houston, Texas, US
Asking Price:
$167,500 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$240,000
Cash Flow:
$95,040

Great opportunity to buy an absentee-run franchise deli in a prime downtown location with major oil/gas tenants! Located on street level, this profitable and easy to manage sandwich shop is also selling Starbucks coffee at this location. Before pandemic, gross sales were approximately $440k annually. Last year after falling as low as $10k-15k monthly, sales have jumped to $20k as of April 2022. Steady and local customers have been increasing with workers returning back to the office. Sale includes POS and a fully equipped kitchen is in great condition. Potential to grow sales as owner has not done advertising or catering. Franchisor royalty is 6%. Huge 2,500 sf space has two stories. Low rent of $2000 per month includes water, trash. Staff consist of three FT employees (includes manager), which allows owner to run absentee. Short operating hours are Mon-Fri 7am-3pm. Some seller financing available to qualified buyer.

Property Information

Real Estate:

Lease

Lease Terms:

4/30/2029

Leasehold Rent:

$2,000 per annum

Location:

Street level entrance

Size in square feet:
2,500

Business Operation

Reasons for selling:

Pursue other business interest

Trading hours:

Operating hours are Mon-Fri 7am-3pm

Employees:
3

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

6% royalty

Other Information

Support & training:

Training provided by franchise and seller

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

Owner can finance up to $27,500

Furniture / Fixtures value:
$125,000 - included in the asking price
Inventory / Stock value:
$5,000 - included in the asking price

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