Listing Number: 76931-441025
Established in 2019 and located at a major intersection in the heart of Houston’s Galleria Area, this unique burger concept specializes in organic grass-fed beef, vegan burgers, chicken sandwiches, salads, fries, desserts, and more. All offerings are non-GMO, antibiotic and hormone free using only the highest quality ingredients personally sourced by the owner. The restaurant offers counter service with limited seating available on site. However, revenue is primarily generated from take-out and delivery orders. The business was established with franchisability in mind and is currently semi-absentee operated.
The store atmosphere has a fresh, modern vibe and an efficient layout of 1,000 sq ft and located in an area with excellent demographics, visibility, and traffic counts. The monthly rent (including CAM) is $3,525. Sales for 2023 are trending towards $420,000 with discretionary earnings of $175,000. This business would be good for an experienced food operator who is interested in franchising the brand or someone looking for a semi-absentee opportunity.
The listing price includes over $50,000 in FF&E, $80,000 in Leasehold Improvements, plus $5,000 in Inventory. There are 2 employees including a manager on staff. The owner will provide 2 weeks of training to ensure a smooth transition. Additional time is available upon request. Due to other business interests the current owner no longer has time to supervise this business.
Low hanging fruit to grow the business...just extend the hours during the evening and stay open on Sunday. 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.
- Price: $ 349,000
- Down Payment: $349,000
- Sellers Discretionary Earnings: $ 176,428
- Total Sales: $ 421,870
- Location: Harris County, Texas
- Inventory: $ 5,000
- FF&E: $ 50,000
- Employees: 2
- Year Established: 2019
- Reason for Selling: Other business interests
- Category: Restaurants