Business For Sale

Franchise Restaurant - Contract Pending

Humble, TX
Harris County


Asking Price: Annual Revenue:
$89,000 $482,249

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Franchise Restaurant - Contract Pending Broker: Dominick Caravella

Quick Facts

Asking Price: $89,000
Annual Revenue: $482,249
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 10
BBN Listing #: 163643328
Broker Reference #: 2384

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Business Overview:

This is a franchise restaurant located on Hwy. 59 north at a major intersection. The present owner lives in San Antonio and is totally absentee. His partner lives in San Antonio also and is moving out of the country and the owner wishes to sell. The manager is paid $34,000 per year. This amount is NOT added back. A new owner/operator would profit the $40,911 per year PLUS $34,000 paid to the manager equaling approximately $75,000! Or, the new owner could operate as it is and make $40,911 as an absentee owner! The franchise royalty is 4% of net sales plus 2% marketing for a total of 6%. There is a hood in the kitchen for smoke, but they do not fry. This is a GREAT DEAL for the right buyer!

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Reason for Selling:

Owner lives in San Antonio

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.

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