Office Deli In Prime Location Near Galleria - Absentee Owner

Houston, TX

Seller Financing Available

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Asking Price:$90,000
Gross Revenue:$140,000
EBITDA:$48,000
Established Year:2020
Cash Flow:$48,000
Inventory:$7,000
FF&E:$80,000
BUSINESS DESCRIPTION

Great opportunity to buy an absentee-run franchise deli in a 18-story office building nestled along Buffalo Bayou! This profitable and easy to manage eatery & cafe serves breakfast items, sandwiches, burgers, bowls, wraps, paninis, salads, soups, Starbucks coffee and more. Steady and local customers have been increasing with sales now up to $140,000. Fully equipped kitchen w/venthood is in great condition.

Spacious 3,314 sqft space. Rent is only 6% of sales w/long term lease until 2031. Staff consist of 2.5 employees (includes manager), which allows owner to run absentee. Operating hours are Mon-Fri 7:30am-3pm. Minutes to the area's hottest destinations, including The Galleria, Uptown Park, River Oaks District, and more.

Franchisor royalty is 6% of sales and $35,000 franchise fee. Seller financing is available to qualified buyer. Contact broker to schedule showing today.


DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,314
Lease Expiration
30/04/2031
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Growth & Expansion
Catering, Expand hours, Implement marketing campaign
Financing
Up to 50%
Reason for Selling
Corporate-owned
Franchise
This business is an established franchise
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Lisa
Lindsay
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Lisa Lindsay