Popular Burrito Franchise in North Houston

Not Disclosed, TX
Harris County

North Houston

Asking Price: Annual Revenue:
$85,000 $608,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Popular Burrito Franchise in North Houston Broker: Ron Hankamer
Owner Financing is Available!

Quick Facts

Asking Price: $85,000
Annual Revenue: $608,000
Net Profit: Not Disclosed
Cash Flow: $25,000
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 12
BBN Listing #: 618044107
Broker Reference #: 76931-850659

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Business Overview:

Just reduced for a quick sale! This restaurant has a gorgeous build out and is located in north Houston. This is a unique opportunity to buy a fully functioning franchise at a small fraction of the typical startup cost.

This franchise brand is based in southern California and has over 60 locations across the United States, Canada, and Japan and is inspired by authentic recipes served with a unique vibe. Menu items include tacos, burritos, quesadillas, tostada bowls, salads, and a breakfast menu all day! Beer and margaritas are also available. Dine-in, carry out, delivery, and catering provide multiple revenue streams!

The restaurant for sale has 1,940 sq ft and is located in an upscale shopping center with excellent demographics, visibility, and traffic counts. Monthly rent (including CAM) is $6,709. Lease expires in 2024 plus another 5 year option.

The listing price includes over $100,000 in FF&E, $300,000 in Leasehold Improvements, plus $5,000 in inventory. There are 12 employees including 3 managers and shift leaders on staff. The owner will provide 2 weeks of training to ensure a smooth transition. Additional time is available upon request. The current owner is involved in another business and doesn't have enough time to handle this restaurant.

Per owner's financials, sales in 2021 were $608K with approximately $25K in discretionary earnings. Increased marketing and sampling to nearby businesses, schools, and churches will help increase revenue going forward. There are also strong delivery and catering opportunities in the area.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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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