Listing Number: 76931-765892
Substantial price reduction! This Bullritos location is in a great area of central Houston with lots of nearby residential homes, along with retail, schools, churches, and businesses to draw potential customers from. Bullritos is a Houston based fast casual franchise with more than 15 locations across Texas and Georgia. Bullritos specializes in freshly prepared build-your-own burritos, tacos and tex-mex plates made with high quality ingredients.
This location has annual sales of $550,000 and seller discretionary earnings of $37,700. The sale includes $60,000 of FF&E, $75,000 of Leasehold Improvements and $3,000 of inventory. The lease expires in September 2020. The space is 2,400 square feet and can seat 90 people. There are 8 employees working in the business.
Seller wants to sell this location in order to raise capital for another business opportunity. He is willing to train the buyer for 2 weeks in order to ensure a smooth transition. The franchisor will also provide training. This business is perfect for an owner-operator who is good at marketing and networking in the community. There is also a lot of opportunity for catering in the area and the ability to open for breakfast and/or serve alcohol in order to increase sales.
- Price: $49,500
- Down Payment: $49,500
- Sellers Discretionary Earnings: $37,712
- Total Sales: $550,149
- Location: Harris County, Texas
- Inventory: $3,000
- FF&E: $60,000
- Employees: 8
- Year Established: 2009
- Reason for Selling: Other Business Interests
- Category: Restaurants