Fast Casual Tex-Mex Restaurant Franchise Location 2

www.GlobalBX.com

Listing ID: 700256133

Listing Title: Fast Casual Tex-Mex Restaurant Franchise Location 2

Quick Link: http://www.globalbx.com/listing.asp?bId=256133

Industry: Franchises

Industry Segment: Food and Beverages

Country: United States

State / Province: Texas

Area Houston

City:

Asking Price Range: $250K - $500K

Gross Revenues: $829,599

Cash Flow: $120,712

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2011

Number of Employees: 10 - 19

Business Description:
This is one of three fast casual, Tex-Mex restaurants being sold by this owner (also see Listings #7929 and #7931). It is located in a superb space right across the street from a large corporate office and in the middle of high lunch traffic. Owner absentee for the most partů.owner oversees the 3 locations, but doesn't work in the restaurants. Owner has accepted position in Aerospace industry and is moving to Colorado and needs to sell. General Mgr and Assistant Mgr on staff currently. 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! Royalties are 2% plus advertising royalty of 2%. Transfer fee is $17,500. With a working owner at this location, sales should increase! Owner will consider discount for multiple stores purchased. Please refer to CBB Listing #7930MB



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