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Fajita Franchise - 2 Locations in Clear Lake

Listing Number: 76931-890024

Description

Seller financing is available to qualified buyers. These fajita take out and delivery franchises opened about two years ago and are located in the Clear Lake area (south of Houston). This franchise brand has been rated as a top food franchise by QSR Magazine, Fast Casual, and Market Watch! This is a unique opportunity to get into this franchise since the Houston market is closed to new franchisees.

This brand started in 2008 and has 30 locations open across the United States plus another 70 in the pipeline. The store atmosphere has a modern Tex Mex vibe and an efficient layout. Menu items include beef, chicken, and shrimp fajitas, enchiladas, quesadillas, flautas, salads, and accompanying side items such as rice, beans, queso, guacamole, and handmade tortillas. Don't forget your frozen margaritas and desserts too! Take out, delivery, and catering opportunities provide multiple revenue streams!

The restaurants for sale are 1,240-1,370 sq ft and are located in areas with excellent demographics, visibility, and traffic counts. The monthly rent (including CAM) is $3,000-$4,000. Sales for this year are trending at $350,000-$425,000 per location. Currently, because both locations are relatively new, neither location is profitable. However, an experienced food operator with marketing and operations experience can take these stores to the next level!

The listing price includes over $150,000 in FF&E, $500,000 in Leasehold Improvements, plus $10,000 in Inventory. There are 20 employees including 2 managers on staff. The owner will provide 2 weeks of training to ensure a smooth transition. Additional time is available upon request. The franchisor will also provide $15,000 of marketing support to the new buyer. The current owner purchased the franchise territory in Austin and needs to dedicate more time on this new opportunity.

Increased marketing and sampling to nearby businesses, schools, and churches will help increase revenue going forward. There are also strong delivery, catering, and corporate opportunities in the area.

Listing Details

  • Price: $ 249,900
  • Down Payment: $249,900
  • Sellers Discretionary Earnings: $ 0
  • Total Sales: $ 700,000
  • Location: Harris County, Texas

  • Inventory: $ 10,000
  • FF&E: $ 150,000
  • Employees: 20
  • Year Established: 2020
  • Reason for Selling: Relocation to Austin
  • Category: Restaurants
Fajita Franchise - 2 Locations in Clear Lake

Business Listed By:

Ron Hankamer, CBI, CM&AP
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