Popular Fajita Franchise - N. Houston 2-pack

Not Disclosed, TX
Harris County

North Houston


Asking Price: Annual Revenue:
$1,100,000 $550,346

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Popular Fajita Franchise - N. Houston 2-pack Broker: Bobbi Coffey

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $550,346
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $155,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 477744107
Broker Reference #: 76931-274757

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Business Overview:

This two location fajita franchise is a hit among its customers with a strong delivery, take-out, and catering revenue stream. Providing delicious, handmade fajita and non-fajita offerings that appeal to busy families and businesses these two locations have been thoughfully built out, are turnkey, and ready to operate under a low overhead and low staff environment. Through dedicated business development by management and catering personnel, they have become recognized as a leader in event, church, business and school caterings that now make up a respectable 20%+ of overall revenue.

Both restaurants are in prime locations with substantial above-average growth occuring in the surrounding areas.. Taking almost 24 months of preparation and build-out time, plus $900k of investment these are ready to operate. Associated with the sale, there is also an expansive exclusive territory that will be transferred to the buyer allowing for additional locations to be added for increased opportunity, plus protection from other franchisees.

Both locations are nearing breakeven currently, and have independent managers for each one. It is an option for a buyer to be an owner operator and save on those costs while bringing the business up to its full potential.
Both located north of Houston proper, one location was opened during the high pandemic period, in September, 2020. The second location opened in February of this year.
As well as two operating locations, an excludive territory will be transferred to the buyer which is additional location opportunity.
As well as two operating locations, an excludive territory will be transferred to the buyer which is additional location opportunity.
Retail strip centers is excellent, fast growing locations. Location 1: $4400/mo 1,500 SF. Location 2: $3200/mo 1,200 SF

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Reason for Selling:

divesting

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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