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Tex - Mex Fast Food Franchise Houston Absentee Owner
Location: United States -> Texas -> Houston
Industry: Franchises > Food and Beverages




Business Summary

This owner absentee, fast-casual, TexMex restaurant located on one of heaviest traveled streets on the NW side of Houston has been successful since the doors opened in 2011 and the owners will do everything they can to ensure continued success and growth for the new owner and the employees that have become family. Manager is on staff. This franchise is committed to serving quality food, fresh ingredients and providing excellent service in a clean and friendly environment. With 21 franchises throughout Texas and Georgia, customers love this restaurant for their ability to make their burritos/tacos the way they want. They choose their favorite type of tortilla, then load it up with their choice of meat, beans, rice, cheeses, salsa and more! With one of the lowest royalties around at only 2%, advertising royalty of 2% and transfer fee is $17,500 – this franchise is very competitive! Franchisor and seller will train new owner. Please refer to CBB Listing #7924MB


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $674,939
Cash Flow:   $125,828
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $371,068
Seller Financing:  Not Disclosed

About The Business

Year Established:  2011
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Seller wil train
Reason For Selling:  Owners focusing on another business




Print Listing Id: 700254467
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Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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