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Popular Tex-Mex Franchise in Houston - Very Motivated Seller!

Houston, TX (Harris County)

Popular Tex-Mex Franchise in Houston - Very Motivated Seller!
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Asking Price: $75,000

Cash Flow: $40,293

Gross Revenue: $437,102

EBITDA: N/A

FF&E: $315,000

Inventory: $3,000

Real Estate: N/A

Established: 2014

Popular Tex-Mex Franchise in Houston - Very Motivated Seller!

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Business Description

Awesome University location for one of the 19 very popular Tex-Mex Quick Service Franchises in the Houston area! Owner has committed to open multiple locations of other brands and is very motivated to sell this franchise! Seller absentee, manager in place, turnkey business ready to roll for you! Great tasting menu that is very popular with University students! Adding liquor license to enable margaritas and beer/wine would make it even more popular! Serving delicious burritos with a broad selection of tasty ingredients, the customers choose the type of tortilla they want and then load it up with their choice of meat, rice, beans, cheeses, salsa and more. Buyer can subscribe to online ordering program offered through corporate. Huge catering growth opportunities. Low royalties of only 4%. Buyer to pay $5000 transfer fee. Franchisor will train. Please refer to CBB Listing #8145

Attached Documents


Detailed Information

Location:
Houston, TX
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
2,208
Employees:
4ft; 4pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2208sf facility in shopping center
Growth & Expansion:
Catering. Obtain liquor license to sell margaritas/beer/wine. Take advantage of online ordering offered through corporate. Larger social media presence.
Support & Training:
Seller will train
Reason for Selling:
Seller owns over 20 other store locations and is growing another brand.
Franchise:
This business is an established franchise
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(from currently available funds)
 
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Frank & Rose Stabler

Business Listed By:
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. 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. 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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