Popular Gourmet Fast Food Restaurant

Montgomery County, TX

Popular Gourmet Fast Food Restaurant
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Asking Price: $275,000

Cash Flow: $94,000

Gross Revenue: $339,000

EBITDA: N/A

FF&E: $50,000

Inventory: $4,000

Established: N/A

Popular Gourmet Fast Food Restaurant

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Business Description

National franchise restaurant for sale in one of the highest growing areas in the United States (Montgomery County). High traffic area in prime location with a captive market with limited gourmet fast food competition in the area. The brand is well known, and the franchisor has recently reduced its royalty and advertising fee by 40%, lowered food costs substantially through new supply agreements, has increased national promotional deals and is currently working on a deal to partner with a major retailer. The current owner spends minimal time managing this restaurant, which is on remote control, due to other business interests. As such, this is an excellent opportunity for a passive investor as the business has an established team in place with over 35 years of experienced management. It is also an extraordinary opportunity for a buyer who wants to take a more active role in the business and increase local marketing efforts to grow the lunch catering business to the many global and major corporations in the immediate area as well as increasing its local on-line marketing to Uber Eats, Grub Hub, Door Datch, East 24 and other Social Media Platforms. Return on investment is less than three years for a passive investor and could be circa two years with an active investor. Additional location available for sale nearby for an additional cost of $350K with earnings of $166K.

Detailed Information

Location:
Montgomery County, TX
Inventory:
Included in asking price
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
2 weeks
Reason for Selling:
other interests
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Contact the Seller

(from currently available funds)
 
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Ron Hankamer, Jr.

Business Listed By:
Ron Hankamer, Jr.

Transworld Business Advisors

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Sponsoring Broker:
Gerald G. Brisson, CBI, M&AMI, CMAP

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