2 Fast Casual Franchise Restaurants – Central Texas

Austin, TX (Hays County)

2 Fast Casual Franchise Restaurants – Central Texas
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Asking Price: $3,310,000

Cash Flow: $317,000

Gross Revenue: $2,355,000

EBITDA: $317,000

FF&E: $512,000

Inventory: N/A

Real Estate: $3,310,000

Established: 2015

2 Fast Casual Franchise Restaurants – Central Texas

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Business Description

Real Estate Included – deal priced at Real Estate Value. This business consists of two franchise restaurants located north of Austin, Texas. The franchisor has been around for over 40 years. Full time General Manager oversees operations. Owners are not involved in daily management.

Detailed Information

Location:
Austin, TX
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
3 FT, 43 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The first restaurant is approximately 2,728 sf, and is located on a busy intersection in Lampasas, TX. Opened in 2015. The second restaurant is 2,793 sf – busy, high growth location with good visibility and access to 2 major roads in Liberty Hill, TX. Opened in 2017. Both locations are owned by the seller, and the real estate is included in the transaction.
Competition:
The competition is other quick service and fast casual restaurants. The franchisor of the two restaurants is well-established, well-capitalized, and has an excellent track record of supporting its franchisees. Both restaurants are well-located.
Growth & Expansion:
Both restaurants are in high growth locations and revenue is projected to increase with local population expansion and steadily increasing traffic counts.
Financing:
The seller does not anticipate providing financing
Support & Training:
The seller will provide 30 days transition consulting.
Reason for Selling:
Seller is running multiple enterprises and is stretched too thin.
Franchise:
This business is an established franchise
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Contact the Seller

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Lawrence (Larry) Schumann, M&AMI, CBI

Business Listed By:
Lawrence (Larry) Schumann, M&AMI, CBI

Corporate Investment

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Memberships & Certifications:
The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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