Business for Sale Overview:
According to the Wall Street Journal article published on May 6, 2009, Texas is expected to lead the nation in restaurant sales by almost double the industry average. Combine that with The Financial Times' article earlier this year naming Texas the No. 1 state economy in the nation and the state best-suited to weather the current financial turmoil. Now would be a good time to build your own empire of fast food hamburger restaurants in Houston with a strong national brand franchise by purchasing this semi-absentee, profitably operating unit. It is staffed with a manager and comes with the right to develop the rest of the Houston Metro area. It needs an owner-operator to excel. The franchise name was established in 1932 and is one of the oldest in the country. It is open 24/7 with a full menu and drive-thru window. Inside seating for 56. The quick-serve menu consists of breakfast, famous hamburgers, chicken, hot dogs, salads, desserts, smoothies. The business is being offered at less than startup cost plus you will already be in positive cash flow mode from day one with a fully-trained staff and loyal customer base -- a great platform from which to launch additional stores. The building and land are also being offered for $1.1MM or can be leased from the current owner. The owner will offer $200K financing to a qualified buyer. Please refer to CBB Listing #6945RS
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:
2,429 Square Feet Freestanding Building with seating for 56 and 41,931 Square Feet land area well paved & landscaped. The Building and Property are available for purchase for $1.1MM.
Market Competition and Expansion:
This is the only franchise in the Houston and surrounding areas.
Reason for Selling:
Partnership dissolution
Additional Details:
- The property is owned.
- The owner may be 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.