Seller's Contact Information
- RE: Fajita Franchise - Clear Lake Area
- Contact: Ron Hankamer
Quick Facts
Asking Price: | $175,000 | |
Annual Revenue: | $500,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $50,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 75,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2021 | |
Employees: | 10 | |
BBN Listing #: | 858544107 | |
Broker Reference #: | 76931-890024 |
Business Overview:
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF #76931-890024
This fajita take out and delivery franchise opened about two years ago and is located in the Clear Lake area (south of Houston). This franchise brand has been rated as a top food franchise by QSR Magazine, Fast Casual, and Market Watch! This is a unique opportunity to get into this franchise since the Houston market is closed to new franchisees.
This brand started in 2008 and has 30 locations open across the United States plus another 70 in the pipeline. The store atmosphere has a modern Tex Mex vibe and an efficient layout. Menu items include beef, chicken, and shrimp fajitas, enchiladas, quesadillas, flautas, salads, and accompanying side items such as rice, beans, queso, guacamole, and handmade tortillas. Don't forget your frozen margaritas and desserts too! Take out, delivery, and catering opportunities provide multiple revenue streams!
The restaurant for sale is 1,240 sq ft and located in an area with excellent demographics, visibility, and traffic counts. The monthly rent (including CAM) is $3,100. Sales for this year are trending towards $500,000. We are looking for an experienced food operator with marketing and operations experience that can take these stores to the next level!
The listing price includes over $75,000 in FF&E, $250,000 in Leasehold Improvements, plus $5,000 in Inventory. There are 10 employees including a manager on staff. The owner will provide 2 weeks of training to ensure a smooth transition. Additional time is available upon request. The franchisor will also provide $15,000 of marketing support to the new buyer. The current owner purchased the franchise territory in Austin and needs to dedicate more time on this new opportunity.
Increased marketing and sampling to nearby businesses, schools, and churches will help increase revenue going forward. There are also strong delivery, catering, and corporate opportunities in the area.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Monthly Rent: $3,095.00 Square Units (Foot, Meter): 1,240 Lease Expiration Date: February 14, 2025, 10:00:00 PM Terms Options: 5 years
Reason for Selling:
Relocation to Austin
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
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