Tex-Mex Franchise (Two Locations Available)
Tex-Mex Franchise (Two Locations Available)
Two franchised Tex-Mex restaurants. One located in the city of Katy (West Houston) and the other in the city of Spring (North Houston). Fast Casual concept. Beer & wine served. Known and respected brand with many Houston locations creating strong brand recognition in the Houston market. Seller is prepared to sell both locations separately or together. Franchisor support. Great locations. Turn key operation.
Location
Country: | USA |
City: | Houston |
Location Zip or Postal Code: | 77042 |
Listing Information
Service Type: | Counter Service/Fast Casual |
Title of Listing: | Tex-Mex Franchise (Two Locations Available) |
Year Established: | 2014 & 2016 |
Number of Locations: | 2 |
Number of Seats: | 51-150 |
Size: | 2100, Square Feet |
Patio: | No |
Number of Employees: | 11-50 |
Hours of Operation: | M-F 8:00am-10:00pm |
Growth or Expansion Opportunities: | Both locations are situated in fast growing areas of Houston. |
Reason for Selling: | Other Business Endeavors |
Owner Operated or Absentee Owner or Flexible: | Flexible |
Training Provided: | Yes |
Financial Details
Asking Price: | $525,000 (Both) |
Gross Revenue: | 1,013,855 (Both) |
Gross Revenue Range: | $1,000,000+ |
EBITDA Range: | $100,000-$300,000 |
SDE (Sellers Discretionary Earnings): | $175,314 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment): | 415,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Estimated Value: | $14,000 |
Inventory Value included in price?: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Leased |
Contact Listing Owner
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