Vending and Two Delis Business - Absentee Owner

Great opportunity to acquire two office delis and a vending business, all located in one large complex 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 with an owner operator.

Deli hours are from Monday through Friday from 8am to 2pm. 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 in the industrial side and has a fully equipped kitchen with venthood.

The vending machines are placed in strategic locations within the complex. Machines consist of 7 snack machines, 14 sodas/cold drinks and 2 ATMs. Cash to owner averages $4000 monthly from all machines. There is additional upside that can be realized by adding credit card readers to machines. Owner is in the process of also increasing prices on vending items. Maintenance is minimal and inventory replenishment is easy. NO rent cost, NO utilities cost. The drink machines are the property of Coca-Cola.

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

Ad#:2292482

Detailed Information

Location:

Houston, TX

Inventory:

$3,000
Included in asking price

Furniture, Fixtures, & Equipment (FF&E):

$50,000
Included in asking price

Employees:

3

Financing:

Negotiable

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