The current owner opened this store with a plan to grow this store as well as add additional stores. But a former business partner offered him an opportunity he couldn’t turn down. The new opportunity requires he travel out of state and he is unable to devote the attention he feels this business deserves. The staff in place is fully trained and capable of successfully operating without direct supervision. The owner is ready to transfer his the business into capable hands and may offer some seller financing for the right buyer

The store is located in one of the fastest growing areas in Houston with several large corporate offices nearby including the new Exxon-Mobile headquarters. Catering represents about 12% of revenue and could be much higher with an actively involved owner.

The franchisor is the leader in its sector and has over 500 restaurants across the nation and was recently ranked #4 in a Top 100 Fast Casual Restaurants list. The Buyer will need to be approved by the Franchisor who will also provide comprehensive training, the cost of which is covered by the transfer fee.

This is structured as an asset sale and is neither an offer nor a solicitation to sell securities.

Posted Oct 3, 2016

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