Acclaimed Burger Shop in Far N Houston Profitable/Absentee for 15+ Yrs

Houston, TX (Harris County)

Acclaimed Burger Shop in Far N Houston Profitable/Absentee for 15+ Yrs

Asking Price:$49,000

Cash Flow:$28,711

Gross Revenue:$248,391

EBITDA:N/A

FF&E:$25,200

Inventory:$1,400

Rate/Sq. Ft.:N/A

Established:2010

Acclaimed Burger Shop in Far N Houston Profitable/Absentee for 15+ Yrs

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Business Description

For over 15 years this burger brand has dominated the far north Houston market with a cult following. These stores serve some of the best & most unique burgers around and was previously ranked as one of the best burgers in Texas by Texas Monthly magazine. There are two locations, Conroe and Montgomery, which are both being run almost completely absentee - owner spends less than 15 hours a week operating both. The menu is relatively simple, sticking mostly to quality burgers & buns, sides, salads & desserts. They offer amazing daily specials to keep customers coming back. There is a large upside to owner operation, pushing catering to local businesses and expanding social media outreach (which the current owner has just started). This is a very rare opportunity to own an established, stable brand in a market which values brand recognition. Do not pass up this opportunity! Seller will sell both locations as a package for $199K. Please refer to CBB Listing #7898 B

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,650
Lease Expiration:
N/A
Employees:
4ft; 2pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1650sf
Growth & Expansion:
Increase social media outreach
Support & Training:
Seller will train
Reason for Selling:
Owner moving out of state

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Frank & Rose Stabler

Business Listed By:
Frank & Rose Stabler

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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