Downtown Franchise Sandwich Deli w/Starbucks (Absentee Owner)Listing: #HT00013
About this Business for sale in HoustonDowntown Franchise Sandwich Deli w/Starbucks (Absentee Owner)
Great opportunity to buy an absentee-run franchise deli in a prime downtown location with major oil/gas tenants! Located on street level, this profitable and easy to manage sandwich shop is also selling Starbucks coffee at this location. Before pandemic, gross sales were approximately $440k annually. Last year after falling as low as $10k-15k monthly, sales have jumped to $20k as of April 2022. Steady and local customers have been increasing with workers returning back to the office. Sale includes POS and a fully equipped kitchen is in great condition. Potential to grow sales as owner has not done advertising or catering. Franchisor royalty is 6%. Huge 2,500 sf space has two stories. Low rent of $2000 per month includes water, trash. Staff consist of three FT employees (includes manager), which allows owner to run absentee. Operating hours are Mon-Fri 7am-3pm. Some seller financing available to qualified buyer. Hurry before it's gone!
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.