Profitable Fast Casual Biryani Restaurant
Houston, TX Harris County
Seller's Contact Information
- RE: Profitable Fast Casual Biryani Restaurant
- Contact: Gerald Pyle
Quick Facts
| Asking Price: | $700,000 | |
| Annual Revenue: | $1,071,041 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $223,427 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2021 | |
| Employees: | 10 | |
| BBN Listing #: | 84744107 | |
| Broker Reference #: | 76931-703176 |
Business Overview:
Established in 1969, this popular fast-casual franchise focuses on South Asian continental cuisine and has a global presence in Pakistan, United Arab Emirates, Kuwait, Oman, Canada, Australia, and the United States. The restaurant specializes in preparing Biryani, a rice-based dish famous for its exceptional taste and aroma across South Asia. Biryani is one of the most popular dishes of the Indian sub-continent and there is a strong demand for this regional cuisine in the Houston market. The restaurant is 100% Halal and offers a range of popular regional dishes which include Biryani, several varieties of curry, kebabs, and specialty desserts.
The business for sale is the first location in the United States and was opened in March 2021 to establish a foothold in the Lower 48 US market. Houston was chosen specifically for its diverse cultural population which has proved a profitable business decision for the restaurant’s in-demand offerings. Per the owner’s financials, YE2021 revenue (annualized) was $1,071,041 with a 2021 SDE (annualized) of $223,427. Lease terms are favorable with the current lease expiring in 2026 plus an additional 5-year renewal option.
Current revenue streams are generated from dine-in, take-out and delivery services in addition to catering large events with a customizable menu. The owner is selling the Houston location to focus on franchising additional locations in the United States and support an expansion into new global markets. This is a chance to be on the ground floor of a successful global franchise entry into the United States with the potential to own multiple locations.
The business is offered at $700,000 Inventory.
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Reason for Selling:
Expansion
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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