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Estab. Asian Restaurant Franchise In Sw Houston
Location: United States -> Texas -> Houston
Industry: Franchises > Food and Beverages




Business Summary

Awesome opportunity for this popular healthy Asian franchise restaurant to be purchased at a fraction of what it would cost to start it up! Minimum startup costs are $350K up to $1mil! Owner is absentee, as husband managing business passed away and wife doesnnt have time/experience to manage this business. Seller is very motivated to sell quickly! There are almost 80 locations across 21 states throughout the nation with this franchise winning many awards since its inception in 1998. Business has a liquor license with 20% of revenues coming from bar sales. Restaurant seats 163 . About 55% revenues come during dinner hours with 44% during lunch hours. Average ticket price is $20.72 with an average of 101 tickets/day. Buyer will attend 18 days of training at corporate and pay a $5k transfer fee. Royalties are 6% + 2% marketing co-op. Please refer to CBB Listing #7921MB


Financials

Asking Price Range:  < $250K
Gross Revenues:   $817,876
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $252,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2011
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller will train
Reason For Selling:  One of the partners passed away and the other partner would like to focus on family.




Print Listing Id: 700251889
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Related Searches: Food and Beverages  >  Retail  >  Service  >  Other Franchises  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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