National Franchise Sandwich Shop in Houston

Houston, TX
Harris County


Asking Price: Annual Revenue:
$189,000 $408,451

Food & Beverage: Restaurants, Fast Food, Deli


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RE: National Franchise Sandwich Shop in Houston Broker: Hong Phan

Quick Facts

Asking Price: $189,000
Annual Revenue: $408,451
Net Profit: Not Disclosed
Cash Flow: $59,278
Total Debt: Not Disclosed
FF&E: $104,280
Real Estate: Not Disclosed
Year Established: 2007
Employees: 5
BBN Listing #: 37613260
Broker Reference #: 8182

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Business Overview:

Fast growing National Sandwich Franchise located in the tunnel system in downtown Houston. Tunnel is connected to other major downtown buildings. Customers walk thru this tunnel area every day, so you can have the same customers returning to your business. Seating both inside the restaurant and in the mall area. Serving authentic Philly Cheese Steaks and Deli Fresh Sandwiches, Salads and Beverages. Catering represents about 20% of the total sales and could be greatly expanded. This business is profitable with multiple contracts with the local government, school districts and community colleges. Opening for breakfast, expand catering sales on the weekends/nights can increase the growth revenue. Established in 2007, the current owner took over in 2012. Franchise transfer fee is $7,500 to be paid by the buyer, 6% for the royalty fee & 2% for advertising fee. Buyer can take the training at the local store which will be specified by Franchisor and takes about 2 weeks. This store was remodeled in 2017 to comply with the latest requirements, and the cost for this upgrade was about $52,000. Open 5 days a week, from 10:30AM to 2:30PM. No Weekend! No Holidays!!!Great Location!!! Please refer to CBB Listing #8182

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Property Features and Assets:

1,578 SF facility in downtown tunnel.

Market Competition and Expansion:

Open for breakfast. Expand catering sales.

Reason for Selling:

Partner dissolution

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.

Documents:

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