Office Deli In Prime Location Near Galleria - Absentee Owner
Listing: #HT00162Fernando Saldivia
Broker | Houston
About this Business for sale in Houston
Office Deli In Prime Location Near Galleria - Absentee OwnerGreat 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.
Ad#:2273275
Detailed Information
Location:
Houston, TX
Inventory:
7K Included in asking price
Real Estate:
Leased
Building SF:
3,314
Lease Expiration:
4/30/2031
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
80K Included in asking price
Growth & Expansion:
- Expand hours - Implement marketing campaign
Financing:
Up to 50%
Reason for Selling:
Corporate-owned
Franchise:
This business is an established franchise
*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.