Salad Bar Cafe - Spring-Woodlands Area
This is a beautiful salad bar cafe franchise located in a Kroger shopping center in the Spring/Woodlands area on a 4-lane highway. They specialize in a large variety of salads and soups. Over 60% of their business is catering and outside delivery using their own staff, Uber, and Grub Hub. The current owner has owned this shop for five years with substantial growth each year and is now near breakeven. Original investment was over $300,000. Now selling for $200,000 with built-in financing available.
Listed By: Jeffrey Jones
Background information
Reference:
82476
Year established:
October 2017
Reason selling:
Pursuing other investments
Finance
Sales:
$300,000
Profits:
$19,679
Operations
Employees:
1 owner & 5 part-time employees
Equipment:
See equipment list
Inventory:
Food & Beverage averages $4,000 at cost.
Premises
Facility:
The facilities include kitchen, dining room, and storage area.
Square footage:
1524
Rent and lease terms:
Gross rent $7,000 P/M. Lease expires 10/23/2 with 5-year option to renew.
Location:
Spring/Woodlands area
Price and terms
Price:
$200,000
Down payment:
$34,000
Financing:
$34,000 Cash Down and assume two existing loans. One is a SBA loan with a remaining term of 7 years and one is an SBA Idle Loan with a remaining term of 30 years.
Training:
Training by the franchisor and the existing owner.