Quick Serve Restaurant Franchise in Big Box Store, North Houston, TX
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Asking Price
$299,000
Detailed Information
The Woodlands, Texas, US
Not Provided
NA
Business Description
This successful Quick Serve Restaurant franchise is located in a prime spot inside a well-known big box store in an affluent area north of Houston. The rent, which includes utilities, is only 10% of sales, making it a high-traffic location. With a strong 37-year track record and over 700 locations, this franchise has seen significant growth from existing franchisees reinvesting in the brand. The menu features popular items like cheesesteaks, wings, chicken sandwiches, loaded fries, and real fruit lemonades. The seller is absent, with the location managed by a dedicated team. Operating on a simple model, this franchise offers support from a robust corporate team to help franchisees thrive. The franchisor requires a 6% royalty fee, 3 weeks of training, and a $10K transfer fee. Prospective buyers must have a minimum net worth of $500K with $175K in liquid assets post-purchase. The seller is open to offering financing to qualified buyers.