• Listing ID: 1242821
  • (Seller ref: 1277)

Tex Mex Restaurant Franchise Locations In Pennsylvania For Sale


Location:
Category:
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Asking price:
$750,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
Available on request
Cash flow:
Available on request
Franchise opportunity:
Yes
Years established:
2008
Employees:
1 Full Time / 15 Part Time

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The business was founded in 2000 and is expected to have over 421 locations in the United States by the end of the year. In the coming years the franchise is expected to grow to over 850 locations by 2015. Each location has been built to exact approved specifications. The facilities are first class with the best equipment and high quality fixtures. Maybe it's the personal experience that keeps people coming back for more. Maybe it's the huge selection of customizable food favorites. Or maybe it's the laid-back vibe and signature greeting each customer hears each time they walk through the door. Regardless of the reason behind the popularity of the brand, it works—and now. As a testament to the wild popularity of the brand, the fanchise was named the #1 fast-casual chain based on change in system-wide sales by QSR magazine and the #2 fast-casual chain under 300 units in 2006.


Real Estate:
Lease
Premises details:
The build-out and equipment package from the businesses are the top of the line. All of the equipment is well maintained and under service agreements. The store has a state of the art security, fire and theft system with monitors and a safe. The register (POS) system is all touch screen and easily programmable with full technical support. Both businesses occupy 2,400 sq. ft. of space each. The monthly base rent is $4,000 in PA and $8,000 in MD.

Expansion potential:
A new owner could easily grow this business by becoming an owner operator and having direct control of both stores. The businesses recent corporate management change and directive to increase their national store count to over 850 units by 2015 will greatly enhance the promotion of the product as well.
Reasons for selling:
The owners have other business interests and desire is to sell some of their business investments so they have more personal time.
Trading hours:
Monday thru Sunday: 11:00 am to 9:00 pm
Financing available:
The Seller is not offering to finance the purchase price. Commercial financing is available with a local bank lender under the SBA small business loan program. We will assist a buyer with loan proposal development to secure financing at no fee to the buyer.

For more information about this business for sale, click the Contact Seller button.


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