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Profitable Schlotzsky's in West Houston

Harris County, TX

Profitable Schlotzsky's in West Houston
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Asking Price: $95,000

Cash Flow: $47,523

Gross Revenue: $341,186

EBITDA: N/A

FF&E: $100,000

Inventory: $3,500

Rent: $4,900 /Month

Established: 2007

Profitable Schlotzsky's in West Houston

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Business Description

Priced to Sell!

Priced to sell! High visibility location on a busy street in west Houston!

Schlotzsky’s opened its first location in 1971 with a small restaurant on South Congress Ave. in Austin, Texas. They specialize in combining fresh ingredients, unique flavor combinations and the spirit of originality to give you a food experience that you won’t find anywhere else. The company now has over 350 locations and spans across 35 states, serving up toasted sandwiches, artisan flatbreads, specialty pizzas, freshly tossed salads, gourmet soups and more. Schlotzsky's is owned by Focus Brands, which also owns Carvel, Cinnabon, Moe's Southwest Grill, McAlister's Deli, Auntie Anne's and Jamba brands.

The business for sale is located in a shopping center and offers dine in, take out, and drive thru service. The business consists of 2,610 square feet and can seat up to 100 customers. This is a franchise location which has been recently updated with an attractive and modern decor.

This business is profitable and currently has 6 employees. Per seller's tax return, sales in 2018 were $341,186 with $47,523 in seller discretionary earnings. The listing price includes FF&E of $100,000, Leasehold Improvements of $50,000, and Inventory of $3,500. The seller is motivated to sell and wants to pursue another career opportunity. The seller will provide two weeks of training in addition to the training provided by franchisor.

This location would be perfect for an owner-operator that enjoys working with people and is looking to expand. There is a lot of potential to increase catering and delivery in the area to nearby homes and businesses.

Detailed Information

Location:
Harris County, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,610
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Expand the catering business, third party delivery, and add Cinnabon products.
Support & Training:
2 weeks
Reason for Selling:
other interests
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Contact the Seller

(from currently available funds)
 
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Ron Hankamer, Jr.

Business Listed By:
Ron Hankamer, Jr.

Transworld Business Advisors

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Sponsoring Broker:
Gerald G. Brisson, CBI, M&AMI, CMAP

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