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ID: MV1940

Bakeries & Restaurants w/Franchise Rights for Sale (with $400k FF&E), Houston, TX

United States

Unique opportunity to acquire 3 corporate-owned locations, 2 current franchisees and franchise development rights to Woodlands, Cypress, Katy, Heights, Pearland, Kingwood, and Humble.

ID: MV1940

Register Interest
Revenue:
$2.01m
Profitability:
29.2%

Location

Houston, TX

Business Description

Founded in 1994, this family-owned franchise was voted best breakfast and cake establishment in Houston and named in Houston Press Community, Impact and Houstonia magazine. The company specializes in breakfast, lunch, gourmet cookies, pies, cakes, and empanadas. Owners have built the business with a dedicated team that provides high-quality products, custom-made gluten-free products made from scratch using only the best available all natural, preservative-free ingredients. In-house commissary kitchen provides most bakery items for each location.

Average monthly net earnings: corporate locations 30k, royalties 12k, and commissary 7k. Easily grow revenues by opening more locations and adding more franchisees. Huge growth potential to do wholesale to supermarkets, hotels, hospitals, restaurants, fast food chains, and schools.

Owners selling to retire. Financing available to qualified buyer.

Financial Summary

Gross Revenue:
$2,010,000

EBITDA:
$588,300

List Price: $1.6m

(Includes $400k FF&E)

To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.