Angel Brokers is a small sized brokerage focusing on clients needs. We specialize in small businesses up to 1 million and mid market business 1m to 25 million. About 50% of our clients prefer to speak spanish. We have helped international investors and business owners relocate from overseas to texas.
Perfect for a couple, especially a semi-retired couple. Very low risk venture featuring a Franchise Fast Food called "Old Fashion Fried Pies" that just started up and is running $27,000 per month currently. Then there is the Liquor Store that was at this location for many years but poorly run and dirty, now it has been totally renovated and new equipment and inventory has been brought in and the business is over $28,000 per month now at 35%+ margins.
Basically, the Owner is an entrepreneur that has owned dozens of businesses and is currently building a travel center about 8 miles away. He totally renovated the building and bought the Franchise to create two profitable businesses to sell so he could have better rent. That is the whole plan, so if you have $175,000, after paying $5,000 per month on a long term lease, your profit today would be around $10,000 to $12,000 per month, depending if you worked or not. Yes, he knows the rent is a little high, but he took the risk to create the profitable businesses betting on the renovation to revitalize the building, and it has, so now he gets a good return on the rent. The $175,000 pays for the renovation, equipment, franchise fees and the broker he has contracted.
This is a straight deal, no negotiations, the price is what it is, the rent is what it is. Don't answer this ad thinking you will negotiate something better, it will not happen! Respond to this ad and the broker can send you 8 to 10 pics and give you a bit more information, and a time to see the property.
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