2642 Established Fast Casual National Restaurant Chain

Price: $241,000

Location: Smith County, TX

Industry: Restaurants and Other Eating Places

This national chain has received industry awards and recognitions, with two No. 1 and one No. 4 rankings in 2019. It is growing fast beyond its current 46 states in the U.S. This location has been established for 8 years, and it is steadily growing thanks to the local patrons and its loyal customers from around the area, allowing this business to continue serving during the pandemic. Current location is ~2,000 SF, surrounded by medical complexes in the city. This business has a 3-year combined monthly gross revenue at ~$49,000. All numbers are reflected on P&Ls and tax returns. Seller is ready for relocation. It is a tremendous opportunity for someone to own a national chain with great reputation to grow and expand. Growing opportunities are available to build other locations in Tyler, Longview, and Lufkin.

Total Sales: $588,000

Cash Flow: $60,000

FFE Included: Yes

FFE: $65,000

Reason For Sale: Relocating

Year Established: 2012

Days & Hours of Operation: Mon – Fri 10:30 am – 7 pm, Sat 10:30 am – 5 pm, Sun 10:30 am – 6 pm

Owner Hours Per Week: Mon – Fri 10:30 am – 7 pm, Sat 10:30 am – 5 pm, Sun 10:30 am – 6 pm

Non-Owner Payroll: $11,867

Employees: 12/9 PT + 2 FT + Owner

Monthly Rent: $5,643

Type of Location: Free Standing

Square Footage: 2,000 SF

Facilities Information:
Lease expires in 2023