Franchise Deli Restaurant Houston, TX

Location: Texas, United States
Category: Food and Beverage
Type: Established

Financials

Asking Price: $180,000
Cash flow: $53,476
Revenue: Not Disclosed
Gross Income: $239,416
Inventory: $3,000 - Included in the Asking Price
FF&E $167,000 - Included in the Asking Price
Real Estate: Not Disclosed

Business Details

This is a beautiful like new Deli which opened into a new strip center in April 2004. The Start up/cost for these Franchises currently is between $180,000.00 and $250,000.00 and the Franchisor has grown from 1 Store which opened in 1993,to over 82 Stores currently. Currently the business is closed on Sundays and opens at 10 AM weekdays and Saturday. This Business is Bargain Priced at $180,000.00. The Seller will pay the $20,000.00 Buyer\'s Franchise Transfer Fee.

Franchise Rights & Support of one of the fastest growing Franchises in the USA, Balance of Sellers Lease (Expires April 2007) Like new-Equipment and facility.

Beautiful, like new Deli Franchise Restaurant located in strip center on major roadway in southwest Houston. Opened new in April of 2004. Sales have increased steadily since opening in 2004, however the business is not performing as it could because the manager (Seller\'s son)is going to college and does not have the time to devote to growing the business and acheiving its full potential. The Cash Flow this year will be appx. $53,475.00, up from breakeven in 2005 and a loss in 2004, start up of the business was April, 2004.

The mainstay of the business consists of a mouth watering array of Deli Sandwiches,the Muffaletta, Reuben,Club,Gyro, Egg Salad and Chicken Salad to name a few. For a complete menu please visit www.murphysdeli.com. In addition there are salads, and desserts. All are provided for walk-in service or catered service, delivery to your door. At its current growth we project a Cash Flow in 2007, of $80,000.00. This business would perform much better if it were opened for breakfast and served \"STARBUCK\'S COFFEE\", which is offered through the Franchisor,

Reasonable Training will be provided by Seller

General Information

Reason Selling: The Seller\'s son who manages the business for his father has other interests.

Number of Employees: 4
Year Established: 2004