Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Hot Wrap Sandwich Franchise In Houston For Sale

Houston, Texas, US
Asking Price:
$60,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$677,230 (USD)
Cash Flow:
$117,384 (USD)

Very motivated seller of this very popular national hot wrap sandwich franchise that is located in a premiere shopping mall in SW Houston Metropolitan area! Absentee owner has over 20 other fast food restaurants and has committed to opening many more under a different brand name and needs to divest himself of this brand/location per his agreement. The shop serves fresh, healthy wraps with tasty combinations of meats, real cheeses, a variety of produce and delicious sauces. Also on the menu are flavorful customized sandwiches, salads, pitas, subs, baked fries and rice bowls. Beginning in 1989 this franchise is the largest one in its industry with 80 franchise locations currently in the US;10 of them in the Houston area. Royalties are 6% and transfer fee of $5,000 to be paid by buyer. Listing #8102 is the same brand available from the same seller and he will discount for the purchase of both locations. COVID has affected business but will still show profit for 2020. Buyer needs $250K net worth with $100K liquid after purchase for franchisor approval.

Seller's Discretionary Earnings: $117,384 Actual

Property Information

Real Estate:

Lease

Location:

758sf facility in shopping mall

Business Operation

Expansion Potential:

More focus on catering. Owner presence / involvement.

Reasons for selling:

Owner owns 20+ other fast food franchises. Focusing on those.

Trading hours:

7 days, Mon - Sat 10am-9pm; Sun 12pm-6pm

Employees:
5ft; 3pt
Years established:
2001

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$197,500 (USD) - included in the asking price
Inventory / Stock value:
$3,000 (USD) - included in the asking price
Related Documents:

Contact Certified Business Brokers

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here