Popular brand CHURROHOLIC

Bexar County, TX

Popular brand CHURROHOLIC
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Asking Price: $499,000

Cash Flow: $123,288

Gross Revenue: N/A

EBITDA: N/A

FF&E: $195,000

Inventory: $18,000*

Rent: $4,620 /Month

Established: 2018

*not included in asking price.

Popular brand CHURROHOLIC

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Business Description

Trending , popular franchise store CHURROHOLIC

National franchise churro and coffee/smoothies shop for sale . CHURROHOLIC. Instagram worthy churro and drinks/appertizer. Our food is fresh and beyond delicious. High traffic area .The brand is new trending , growing, base out CA. Facebook fanpage over 239k follower. Our grand opening was on 2 news Chanel Kens5 and KSAT, SA Foodie and Elder Eats show. The line was long 1hr to 2hr wait. It show how amazing this product is just by looking at it. 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 . It is also an extraordinary opportunity for a buyer who wants to take a more active role in the business

PLEASE NOTE INCOME AND CASH FLOW IS FOR 8 MONTHS OF OPERATION

Detailed Information

Location:
Bexar County, TX
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,400
Lease Expiration:
6/1/2023
Employees:
24
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
1400 sf rustic build out with custom made furniture, outfoor furniture, inventory, the business is fairly new , established in 08/2018, HEB lease 5 yrs/5yrs option
Competition:
The only store in town with this concept
Support & Training:
The current owner spends minimal time managing this restaurant, which is on remote control,has an established team in place and manager and they self run everything from scheduling to ordering products
Reason for Selling:
We are entrepreneur that build and flip
Franchise:
This business is an established franchise
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Business Listed By:
AIMY VAN

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