Profitable Fast Casual Pizza Franchise in Houston

Houston, TX
Harris County


Asking Price: Annual Revenue:
$270,000 $463,778

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Fast Casual Pizza Franchise in Houston Broker: Chris Adkins

Quick Facts

Asking Price: $270,000
Annual Revenue: $463,778
Net Profit: Not Disclosed
Cash Flow: $42,191
Total Debt: Not Disclosed
FF&E: $629,341
Real Estate: Not Disclosed
Year Established: 2016
Employees: 10
BBN Listing #: 470013260
Broker Reference #: 8230

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Business Overview:

This fast casual pizza franchise is ideally located on a highly visible and well trafficked corner of downtown Houston, with approximately 500 residents living directly above. The building offers excellent parking in the first floor garage adjacent to the storefront.. The restaurant boasts an impressive bar with 25 taps of craft beer and extensive array of boutique wines. The owners spent nearly half a million dollars on the build out that can be yours for a fraction of the price. No need to spend the time or money on a new Your Pie franchise when you can immediately reap the benefits from an existing location generating a nearly six-figure profit. The total cost to purchase this franchise with a comparable build-out would cost at least $750,000! In addition, the seller secured a sizable rent reduction (reflected at the start of 2020. Additionally, seller has secured all rights to the franchise within the 610 Loop, those rights are to be transferred to buyer. Royalty / Advertising fee is 6% of sales. Buyer to pay $10,000 transfer fee to franchisor. The franchisor has over a decade of proven success and this business is an excellent opportunity to join their team. Seller owns multiple businesses and would like to focus on other investments. Please refer to CBB Listing #8230

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Property Features and Assets:

3,093 sq ft facility in mixed use facility.

Market Competition and Expansion:

1. Catering (which was starting to takeoff prior to COVID-19). 2.Incremental revenue from newly constructed apartment buildings in close proximity 3. Marketing to high-rise office buildings in the neighborhood managed by CBRE (CBRE is new landlord as of January 2020).

Reason for Selling:

To pursue other investment opportunities

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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