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Advanced Business Brokers

Major Mall Burger & Gyros In Houston For Sale

Houston, Texas, US
Asking Price:
$60,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$225,000
Cash Flow:
$55,000

This is a fast food restaurant located in the Food Court of a major mall in Southeast Houston. They specialize in hamburgers and beef, lamb, & chicken gyro sandwiches. They also serve breakfast items, fish sandwiches, corn dogs, BBQ chicken, hot wings, and philly cheese steak sandwiches, fries, and a variety of soft drinks. They have great Google reviews. The owner has taken a full time job teaching math at a local high School and no long has time to manage this business. He is willing to train and provide seller financing for a qualified buyer.

Property Information

Real Estate:

Lease

Lease Terms:

Lease expires in 36 momths

Lease Rent:
$27,600 per sq ft per annum
Location:

Located in major mall - Southeast Houston

Premises Details:

Has a full kitchen and front counter area in mall food court.

Size in square feet:
850

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Owner has taken a full time teaching job.

Trading hours:

9 AM to 9 PM Monday to Saturday & 11 AM to 6 PM Sunday

Employees:
1 FT & 3 PT
Years established:
2014

Other Information

Support & training:

As needed

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

$30,000 cash down and Seller Note for $30,000 payable over 3 Yrs. @ 6% interest = $912.66 P/M

Furniture / Fixtures value:
$50,000 - included in the asking price
Inventory / Stock value:
$3,500 - included in the asking price