, Texas 7 views 0 favorites
***Way below valuation of 3-4x cash flow, will go quickly!!**** The Company has been in operation for over 40 years. The Company is 50/50 owned by father & son. It has 3 franchised locations operating out of Mississippi and Louisiana and has the potential to expand into other locations with additional marketing efforts. The majority of business is generated in the 4th quarter of the year due to holiday activity with catering to corporations and holiday gift packages generating a good portion of revenue. The Company derives revenue from a) royalties based on 4% of gross sales from each franchised location, and b) a 4th quarter sales project geared towards house accounts in the Houston area. If you want to be a franchisor and put in the effort to grow the business, take a look at this one. Location: Fulshear, Texas Year Established: 1982 Franchise: Yes Facilities: No location in Houston. 3 locations outside of Texas. Market Outlook/ Competition: One larger independent competitor; grocery stores. Houston revenues in 2021 were generated without a a store location. Growth & Expansion: It has 3 franchised locations operating out of Mississippi and Louisiana and has the potential to expand into other locations with additional marketing efforts.
Listed: Apr 18, 2022
Updated: 7 hours ago
Views: 7
Favorites: 0