Estab. Asian Restaurant Franchise In Sw Houston

www.GlobalBX.com

Listing ID: 700251889

Listing Title: Estab. Asian Restaurant Franchise In Sw Houston

Quick Link: http://www.globalbx.com/listing.asp?bId=251889

Industry: Franchises

Industry Segment: Food and Beverages

Country: United States

State / Province: Texas

Area Houston

City:

Asking Price Range: < $250K

Gross Revenues: $817,876

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2011

Number of Employees: 10 - 19

Business Description:
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



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