S292A - Outstanding Franchise Restaurant Oppo

Outstanding Franchise Restaurant Opportunity in North Austin

Location
City Austin
State TX
County

Financial Information
Asking Price upon request Show Loan Calculator
Down Payment
Annual Receipts $444,000
Cash Flow upon request

General Information
Description This fast casual franchise restaurant is in a rapidly growing area in North Austin. Opened just one year ago, the owner's personal circumstances have forced its temporary closure. The store is located in a new strip mall on a major street with phenomenal traffic counts. It also has the advantage of being the end-cap, giving it exceptional visibility for passing motorists. Popular for lunch and dinner, the shop has averaged over $37k/month in revenue and that's just its first year! The monthly lease is currently $5,547, but the landlord has indicated that he can be flexible in order to get the store reopened quickly. The restaurant does not currently offer beer or wine but these are allowed by the Franchisor. The new owner would need to do is get their TABC permit for alcohol sales. Hours of operation are currently 11am - 9pm. There is a breakfast menu available if the new owner wishes to open for additional customers. The Franchisor is looking for someone who can step in and take over operations immediately. Buyers' personal net worth must exceed $100,000. The Franchisor provides in depth training at its Texas headquarters. Full details on this opportunity are available from the Franchisor. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. For more information contact Frank Duringer at 210-348-8989 or info@bbofsa.com.
Reason For Sale Other business interests
Franchise Yes
Home Based No
Relocatable No
Year Established 2009
Year Acquired
Employees

Building Information
Building Sq. Footage 2080 square feet
Monthly Rent $5,547
Real Estate Available No

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