Business for Sale Overview:
Seller has operated a deli since 2004 about one block away. The lease was expiring and the seller negotiated a better lease at a better location in a new building. The new facility is still under construction and should be ready by May 1. Although this is a continuation of an existing franchise, the location is new. It is reasonable to expect that loyal customers will continue to patronize the deli plus the new location will attract new customers. The deli is located on one of Houston’s busiest streets. The seller now has a conflicting business that forces the seller to divest himself of this business. The value of the assets equal or exceeds the asking price. The new owner will be able to take advantage of the seller’s investment and work and walk into a turnkey business. The seller planned to operate the business from 7 am to 4 pm during the week, 11 am to 5 pm on Saturday and closed on Sundays. The new owner may increase these hours.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The new location is about 1,500 square feet and it should comfortably seat about 40. Excellent location with ample parking, easy ingress and egress. Excellent lease. Monthly Rent: $2,250 plus CAM of $544 per month. Five year lease with ten-year option.
Market Competition and Expansion:
Competition: There are other restaurants in the area, but this is a well recognized franchise deli that has loyal customers. The deli offers quick, affordable meals that are healthier than many other fast food restaurants.
Growth/Expansion: An owner/operator should be able to take advantage of the turn-key operation and offer catering and delivery to further increase the business.
Reason for Selling:
Owner has other business.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.