3 Fast Casual Franchise Restaurants – Central Texas

Austin, TX (Hays County)

3 Fast Casual Franchise Restaurants – Central Texas
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Asking Price: $4,895,000

Cash Flow: $228,000

Gross Revenue: $2,601,000

EBITDA: $228,000

FF&E: $816,000

Inventory: N/A

Real Estate: $4,895,000

Established: 2015

3 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 three 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:
4 FT, 65 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. The third restaurant is 3,344 sf – on a corner lot on the northbound service road of IH-35 in Jarrell, TX. Opened in 2018. All 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 three restaurants is well-established, well-capitalized, and has an excellent track record of supporting its franchisees. All restaurants are well-located.
Growth & Expansion:
All 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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Lawrence (Larry) Schumann, M&AMI, CBI

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

Corporate Investment

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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. 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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