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Established Franchise Available in Collin County! $60,000


Established franchise restaurant for sale! Asset sale and priced to move quickly to an experienced operator looking to add a location to their portfolio or someone looking to own their own business. Total build out cost was over $340,000 in 2013 and you can own it for $60,000. There is potential to increase sales through catering and offering lunch specials to local businesses.

Listed By: Aaron Evans

Background information

Reference:

TR1003

Year established:

2013

Reason selling:

Owner is Retiring and Moving Out of State

Finance

Sales:

$500,000

Operations

Employees:

8

Equipment:

Included in asking price $60,000

Inventory:

Included in asking price

Premises

Facility:

The restaurant and development is only 7 years old and the business is the anchor for the strip center. In 2014, the owner expanded the restaurant by 1,200 square feet for a total of a little over 2,700. Total new build out to franchisor specifications.

Rent and lease terms:

$5,800 /Month

Location:

Princeton, TX

Opportunities

Growth:

The area is a growth area. Currently over 10,000 people live in this city and there is new development taking place each year. The Dallas/ Fort Worth area has almost 250 people moving her each day and this area is set for expansion.

Price and terms

Price:

$60,000

Training:

General Manager on-site and will stay. He has been with the restaurant 5 years. Owner to provide training for 30 days or as needed.