Profitable Bullritos in High Income Area

Harris County, TX

Profitable Bullritos in High Income Area
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Asking Price: $109,000

Cash Flow: $60,709

Gross Revenue: $506,900

EBITDA: N/A

FF&E: $60,000

Inventory: $3,000*

Rent: $11,500 /Month

Established: 2009

*not included in asking price.

Profitable Bullritos in High Income Area

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Business Description

Motivated Seller - Asset Sale - Huge Potential!

Priced to sell! This Bullritos location is in a great area of central Houston with lots of nearby residential homes, along with retail, schools, churches, and businesses to draw potential customers from. Bullritos is a Houston based fast casual franchise with more than 15 locations across Texas and Georgia. Bullritos specializes in freshly prepared build-your-own burritos, tacos and tex-mex plates made with high quality ingredients and toppings.

This location has annual sales of $506,900 and seller discretionary earnings of $60,700. The sale includes $60,000 of FF&E, $75,000 of Leasehold Improvements and $3,000 in inventory. The lease expires in September 2020 and has a 5 yr option term. The space is 2,400 square feet and can seat 90 people. There are 8 employees in the business.

Seller wants to sell this location in order to raise cash for another business opportunity. He is willing to train the buyer for 2 weeks in order to ensure a smooth transition. The franchisor will also provide training. This business is perfect for an owner-operator who is good at marketing and networking in the community. There is also a lot of opportunity for catering in the area and the ability to open for breakfast and/or serve alcohol in order to increase sales.

Detailed Information

Location:
Harris County, TX
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
N/A
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

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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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