Profitable Bullritos in High Income Area

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$49,500 $550,149

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Profitable Bullritos in High Income Area Broker: Ron Hankamer
Owner Financing is Available!

Quick Facts

Asking Price: $49,500
Annual Revenue: $550,149
Net Profit: Not Disclosed
Cash Flow: $37,712
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2009
Employees: 8
BBN Listing #: 460644107
Broker Reference #: 76931-765892

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Business Overview:

Substantial price reduction! This Bullritos location is in a great area of central Houston with lots of nearby residential homes, along with retail, schools, churches, and businesses to draw potential customers from. Bullritos is a Houston based fast casual franchise with more than 15 locations across Texas and Georgia. Bullritos specializes in freshly prepared build-your-own burritos, tacos and tex-mex plates made with high quality ingredients.

This location has annual sales of $506,900 and seller discretionary earnings of $37,700. The sale includes $60,000 of FF&E, $75,000 of Leasehold Improvements and $3,000 of inventory. The lease expires in September 2020 and has a 5 yr option term. The space is 2,400 square feet and can seat 90 people. There are 8 employees working in the business.

Seller wants to sell this location in order to raise capital for another business opportunity. He is willing to train the buyer for 2 weeks in order to ensure a smooth transition. The franchisor will also provide training. This business is perfect for an owner-operator who is good at marketing and networking in the community. There is also a lot of opportunity for catering in the area and the ability to open for breakfast and/or serve alcohol in order to increase sales.

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Reason for Selling:

Other business interests

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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