Established Tex-Mex Concept on University Campus

Houston, TX
Harris County


Asking Price: Annual Revenue:
$120,000 $196,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Established Tex-Mex Concept on University Campus Broker: Wayne Blease

Quick Facts

Asking Price: $120,000
Annual Revenue: $196,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 784744107
Broker Reference #: 76931-425211

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Business Overview:

Priced to sell! This location is in a great area near the University with lots of potential customers from its ideal demographics. This restaurant is a Houston based fast casual franchise with more than 15 locations across Texas and Georgia. They specialize in freshly prepared build-your-own burritos, tacos and Tex-Mex plates made with high-quality ingredients and toppings.
This location was taken over by the current owner in September 2021. The sale includes $100,000 of FF&E, $200,000 of leasehold improvements and $2,000 in inventory. Space is 2,208 square feet. There are currently 5 employees in the business.
Seller wants to sell this location because he had to move out of state and the location is currently ran semi-absentee. He is willing to train the buyer for 2 weeks in order to ensure a smooth transition. The franchisor will also provide training. This business is perfect for an owner -operator who is good at marketing and networking in the community. There is also a lot of opportunity for catering in the area and the ability to open for breakfast and/or serve alcohol to increase sales.
The current location was opened in 2014 and the seller bought this business in September 2021. It is in a prime location on the University Campus in a well-known and frequented area for the students.
The business is known for Burritos and Bowls. They also have Tex-Mex plate options.

This business has seen growth even with a semi-absentee owner. Opportunity to utilize the Beer taps that is in place by applying for a beer and wine license. Huge potential for a dedicated owner to initiate more online marketing and local marketing and enhance engagement on the website. An owner operator could significantly improve operations and results. Marketing efforts could be enhanced with the increased use of social media, paid search, organic search and SEO. Busy University Campus location with potential to engage the student body and colleges.

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Reason for Selling:

relocation

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.

Relevant Links:

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