Profitable Multi-Unit Restaurant Group With Strong Houston Operations
Asking Price: | $4,500,000 |
Gross Revenue: | $4,990,000 |
Cash Flow: | $1,404,000 |
Rent: | $112,390/Year |
HS Listing ID-63529
Leases: Each location operates under a lease of at least 5 years, ensuring long-term stability.
Prime Locations and High Foot Traffic: The business operates in key areas, strategically covering high-traffic zones. These locations benefit from strong visibility and attract diverse customers due to their proximity to commercial, retail, and entertainment districts.
Management Structure: Managed by a Director of Operations overseeing all locations, with a tiered management structure featuring three district managers (each overseeing two stores) and general managers at each location.
Prep Kitchen Logistics: A centralized kitchen supplies all locations, with deliveries made three times per week using company-owned vehicles.
Delivery and Pickup Options: The business is available on multiple delivery platforms, including Uber Eats, DoorDash, GrubHub, ChowNow, and also offers order pickup directly from their website, expanding customer convenience.
Catering: In addition to in-store dining and delivery, the business also offers catering services, further expanding its revenue streams.
Streamlined Menu: Features 4 main items and 3 sides (7 total items), simplifying production by varying the “vehicle” (e.g., flour, noodles) while maintaining operational efficiency.
Labor Structure: Each location operates with 7 employees, with wages between $11 and $12 per hour, and no more than 3 employees per shift to optimize labor costs.
Marketing Strategy: The business uses a comprehensive digital marketing approach, including Google Ads, Facebook Advertising, and partnerships with online influencers to increase visibility and drive customer traffic.
Strong Online Presence: Over 4,000 5-star Google reviews and a robust social media following, with more than 100K followers across Instagram, Facebook, and TikTok.
Growth Potential: There is potential for further expansion within the market or through franchising.
Support & Training: The current management and staff are dedicated to staying with the business post-sale. The current ownership is willing to offer training and support throughout the transition period for a period of time.
Reason For Sale: The current owner is pursuing new business ventures and is looking to pass on the business to ensure its continued growth.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
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