Listing Number: 76931-850659
This restaurant has a gorgeous build out and is located in north Houston. This is a unique opportunity to buy a fully functioning franchise at a fraction of the typical startup cost.
This franchise brand is based in southern California and has over 60 locations across the United States, Canada, and Japan and is inspired by authentic recipes served with a unique vibe. Menu items include tacos, burritos, quesadillas, tostada bowls, salads, and a breakfast menu all day! Beer and margaritas are also available. Dine-in, carry out, delivery, and catering provide multiple revenue streams!
The restaurant for sale has 1,940 sq ft and is located in an upscale shopping center with excellent demographics, visibility, and traffic counts. Monthly rent (including CAM) is $6,709. Lease expires in 2024 plus another 5 year option.
The listing price includes over $100,000 in FF&E, $300,000 in Leasehold Improvements, plus $5,000 in inventory. There are 12 employees including 3 managers and shift leaders on staff. The owner will provide 2 weeks of training to ensure a smooth transition. Additional time is available upon request. The current owner is involved in another business and doesn't have enough time to handle this restaurant.
Per owner's financials, sales in 2021 were $608K with approximately $25K in discretionary earnings. Increased marketing and sampling to nearby businesses, schools, and churches will help increase revenue going forward. There are also strong delivery and catering opportunities in the area.
- Price: $ 120,000
- Down Payment: $120,000
- Sellers Discretionary Earnings: $ 25,000
- Total Sales: $ 608,000
- Location: Harris County, Texas
- Inventory: $ 5,000
- FF&E: $ 100,000
- Employees: 12
- Year Established: 2019
- Reason for Selling: Other Business
- Category: Restaurants