Major Hamburger Franchise With Drive-thru
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $890772
Net Profit / Cash Flow $93062
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2004
Number of Employees 20 - 34
Relocatable Not Disclosed
Number of Employees 20 - 34
Real Estate Owned
Reason for Sale Partnership dissolution.
Description According to the Wall Street Journal article published on May 6, 2009, Texas is expected to lead the nation in restaurant sales by almost double the industry average. Combine that with The Financial Times' article earlier this year naming Texas the No. 1 state economy in the nation and the state best-suited to weather the current financial turmoil. Now would be a good time to build your own empire of fast food hamburger restaurants in Houston with a strong national brand franchise by purchasing this semi-absentee, profitably operating unit. It is staffed with a manager and comes with the right to develop the rest of the Houston Metro area. It needs an owner-operator to excel. The franchise name was established in 1932 and is one of the oldest in the country. It is open 24/7 with a full menu and drive-thru window. Inside seating for 56. The quick-serve menu consists of breakfast, famous hamburgers, chicken, hot dogs, salads, desserts, smoothies. The business is being offered at less than startup cost plus you will already be in positive cash flow mode from day one with a fully-trained staff and loyal customer base -- a great platform from which to launch additional stores. The building and land are also being offered for $1.1MM or can be leased from the current owner. The owner will offer $200K financing to a qualified buyer. Please refer to CBB Listing #6945RS
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