Description

This is one of three fast casual, Tex-Mex restaurants being sold by this owner (also see Listings #7930 and #7931). It is located on a busy street in a South Houston suburb. Almost $400K put into the build-out and opening up of this location 4 years ago and its available for only $50K! Owner absentee for the most part….owner oversees the 3 locations, but doesn’t work in the restaurants. Owner has accepted position in Aerospace industry and is moving to Colorado and needs to sell. Assistant Mgr on staff currently. With 21 franchises throughout Texas and Georgia, customers love this restaurant for their ability to make their burritos/tacos the way they want. They choose their favorite type of tortilla, then load it up with their choice of meat, beans, rice, cheeses, salsa and more! Royalties are 2% plus advertising royalty of 2%. Transfer fee is $17,500. With a working owner at this location, sales should increase! Seller will consider discount for multiple stores purchased. Please refer to Listing #7929MB

Posted Feb 23, 2016

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