Office Deli In Prime Location Near Galleria - Absentee Owner
Asking Price: | $90,000 |
Gross Revenue: | $140,000 |
EBITDA: | $48,000 |
Established Year: | 2020 |
Cash Flow: | $48,000 |
Inventory: | $7,000 |
FF&E: | $80,000 |
Great 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.