Franchise in SW Hou - Potential Inc 25-35% in Sales w/New Concept !

, Texas 6 views 0 favorites

Financial Highlights
Asking Price
$25,000
Revenue
$517,808
Business Description

Very motivated seller reduces price to only $25K for this of this national hot wrap sandwich franchise that is in a premiere shopping mall in SW Houston Metropolitan area! Data has shown that conversion to a slightly different concept (which includes wings) under same franchise, sales increase of 25-35% are expected. Awesome opportunity to get in on a highly successful newer concept at a very low cost! Franchisor will work with buyer in getting this accomplished. Absentee owner has over 20 other fast food restaurants and has committed to opening many more under a different brand name and needs to divest himself of this brand/location per his agreement. The shop currently serves fresh, healthy wraps with tasty combinations of meats, real cheeses, a variety of produce and delicious sauces. Also on the menu are flavorful customized sandwiches, salads, pitas, subs, baked fries and rice bowls. Beginning in 1989 this franchise is the largest one in its industry with 51 franchise location currently over 15 states in the US; 9 of them in the Houston area. Royalties are 6% and transfer fee of $5,000 to be paid by buyer. Landlord requires buyer to have $600K net worth to be approved for lease assignment. Please refer to CBB Listing #8046 Location: Houston, Texas Year Established: 2001 Number of Employees: 5ft; 3pt Franchise: Yes Facilities: 758sf facility in shopping mall Growth & Expansion: More focus on catering. Owner presence / involvement.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 6 hours ago

Views: 6

Favorites: 0