Two Delis & Vending Business - Absentee Owner

Houston, TX

Seller Financing Available

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Asking Price:$225,000
Gross Revenue:$198,000
EBITDA:$97,848
Established Year:2010
Cash Flow:$97,848
Inventory:$7,000
FF&E:$40,000
BUSINESS DESCRIPTION

Great opportunity to acquire two office delis and a vending business in a large office campus of a multinational company that has hundreds of locations across the globe and is in the NW part of Houston. Although owner is absentee, the delis and vending profits will greatly benefit from an owner operator.

The two delis are within the same office/industrial complex in NW Houston. Convenient working hours from Monday through Friday from 7 to 3 PM. The menu includes sandwiches, soups, salads, and more. The smaller deli (800sqf) is at street level in a low-rise (1 to 4 Stories) office building with over 100,000 sqft and the second one, the largest (2000SQF) is within the industrial complex with a footprint built of almost 400,000sqf distributed in several industrial buildings in a 30 acre lot size.

The vending machines are placed in strategic locations within the complex. Machines consist of 7 snack machines, 14 sodas/cold drinks and 1 ATM. Cash to owner averages $6000 monthly from all machines. There is additional upside that can be realized by adding credit card readers to machines. Large variety of snacks (top sellers) and sodas (Coke products) for every taste. Owner can customize new products at any time. Each vending machine has a cash recycler that enables customers to get change for $20-$10 and $5 bills without having a pocket full of quarters. The vending machines are cash generators. They operate 24/h/day 365 days/year in a company that operates 365 days/year. Maintenance is minimum and inventory replenishment is easy. NO rent cost, NO utilities cost. The drink machines are the property of Coca-Cola and any buyer would need to transfer Coca-Cola account to maintain the equipment.

Royalty on the delis is 6%, Franchise Advertisement Fee 1.5%. NO rent cost, NO utility cost, and NO maintenance fees. Some seller-financing available to qualified buyer. Contact broker to schedule showing today!


DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
Up to $75,000
Support & Training
Owner and franchise will train Buyer to ensure smooth transition
Reason for Selling
Owner lives in San Antonio full time
Franchise
This business is an established franchise
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Fernando
Saldivia
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Fernando Saldivia