Restaurants for Sale

Food Service Businesses for Sale in Houston and other areas of Texas.

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Agent Profile

Agent: Marcia Bowron

Main Office: 713-680-1200

Direct Line:

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Listing Profile

Hot Wrap Sandwich Franchise For Sale in Busy SW Houston Mall - Owner Absentee

Listing #: 8046

Houston

Listing Profile
Business Classification:
Fast Food Establishment
Business Purchase Price:
$275,000
Working Capital:
$0
Real Estate Price:
$0
Total Purchase Investment:
$275,000
Down Payment Required:
$210,000
Gross Revenue:
$739,554
Discretionary Earnings:
$128,105
Imputed Rent:
$0
Total Cash Flow:
$0
Description and Operations
Business Description:

This very popular national hot wrap sandwich franchise is located in a premiere shopping mall in SW Houston Metropolitan area! 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 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 80 franchise locations currently in the US;10 of them in the Houston area. Royalties are 6% and transfer fee of $11,250 to be paid by buyer. Listing #8102 and #8046 are both the same brand available from the same seller and he will discount for the purchase of both locations.

Business Established Date:
2001
Reason for Sale:
Owner owns 20+ other fast food franchises. Focusing on those.
Full Time Employees:
5
Part Time Employees:
3
Facility Type:
758sf faciloity in shopping mall
Monthly Rent
$10,495
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