Listing Number: 76931-274757
This two location fajita franchise is a hit among its customers with a strong delivery, take-out, and catering revenue stream. Providing delicious, handmade fajita and non-fajita offerings that appeal to busy families and businesses these two locations have been thoughfully built out, are turnkey, and ready to operate under a low overhead and low staff environment. Through dedicated business development by management and catering personnel, they have become recognized as a leader in event, church, business and school caterings that now make up a respectable 20%+ of overall revenue.
Both restaurants are in prime locations with substantial above-average growth occuring in the surrounding areas.. Taking almost 24 months of preparation and build-out time, plus $900k of investment these are ready to operate. Associated with the sale, there is also an expansive exclusive territory that will be transferred to the buyer allowing for additional locations to be added for increased opportunity, plus protection from other franchisees.
Both locations are nearing breakeven currently, and have independent managers for each one. It is an option for a buyer to be an owner operator and save on those costs while bringing the business up to its full potential.
- Price: $ 849,000
- Down Payment: $849,000
- Sellers Discretionary Earnings: $ -62,626
- Total Sales: $ 550,346
- Location: Montgomery County, Texas
- Inventory: $ 5,000
- FF&E: $ 155,000
- Employees: 21
- Reason for Selling: Divesting
- Category: Restaurants