Cheesesteak & Wings Franchise in South Houston Suburb

Pasadena, TX
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Asking Price:$289,000
Gross Revenue:$635,498
FF&E:$395,000
Cash Flow:$124,641
Inventory:$3,000
Established Year:2023
BUSINESS DESCRIPTION

This award-winning Quick Serve Restaurant (QSR) franchise is located on a busy parkway in a south Houston Suburb in a shopping center that holds a Starbucks, a national brand pizza shop and other national brand retail stores are located behind it. The franchise has a successful 37 year tracked record and over 700 locations. With about 70% of growth coming from existing franchisees reinvesting in the brand, this speaks highly of the franchise! They have one of the simplest operations in the industry and a strong corporate team to help support the franchisee to be successful. With delicious cheesesteaks and wings being most popular on their menu, they also offer chicken sandwiches, loaded fries and signature real fruit lemonades. Seller is absentee and location is being run by manager. This may be the franchise you’ve been looking for! Franchisor requires 7% royalty fees and a $10K transfer fee. Franchisor also requires buyer to have minimum $500K net worth with $175K liquid after purchase of business. Please refer to CBB Listing #8353


ATTACHED DOCUMENTS
Conf Profile.pdf Download

DETAILED INFORMATION
Location
Pasadena, TX
Inventory
Included in asking price
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2050SF facility in shopping center
Growth & Expansion
More focus on catering. Regular Sampling. Open earlier and offer breakfast menu for industrial works who drive by. Get involved in community.
Support & Training
Seller will train
Reason for Selling
Owner owns 30+ franchise businesses and has a minimum sales volume level he hold
Franchise
This business is an established franchise
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Frank
Stabler
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Frank Stabler