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Major Mall Food Court - Burgers & Gyros
This is a fast food restaurant located in the Food Court of a major mall in Southeast Houston. They specialize in hamburgers and beef, lamb, & chicken gyro sandwiches. They also serve breakfast items, fish sandwiches, corn dogs, BBQ chicken, hot wings, and philly cheese steak sandwiches, fries, and a variety of soft drinks. They have great Google reviews. The owner has taken a full time job teaching math at a local high School and no long has time to manage this business. He is willing to train and provide seller financing for a qualified buyer.
Listed By: Jeffrey Jones
Background information
Reference:
82530
Year established:
Established in 2000 and acquired by present owner in 2014.
Reason selling:
Owner has taken a full time job as a high school math teacher.
Finance
Sales:
$225,000
Profits:
$55,000
Profit type:
Discretionary Earnings
Operations
Employees:
1 manager & 3 part-time employees
Equipment:
See attached list.
Inventory:
$3,500
Premises
Facility:
The facility includes a full kitchen, front serving area, and seating area in the food court.
Square footage:
850
Rent and lease terms:
Gross Monthly Rent of $2,300. Lease expires 3/31,2028. Option to renew is available.
Location:
Southeast Houston
Price and terms
Price:
$79,000
Down payment:
$40,000
Financing:
$40,000 cash down and Seller Note for $39,000 payable over 36 months at 6% interest = $1,186.46 P/M
Training:
As needed