000 In Sales Houston, TX 77001
- Retail properties
- 1,394 SF
Current Use by Public Records
- Retail properties
Property Details for 000 In Sales
- Year built
- 2019
- Property size
- 1,394 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This established Smoothie King franchise in Houston, Texas presents a remarkable investment opportunity. Boasting impressive 2023 sales exceeding $430,000, this 1,394 square foot retail space is situated in a high-traffic strip mall conveniently located off a major interstate in the 77001 zip code. The lease, secured until October 30, 2034, includes two five-year renewal options, providing long-term stability. Monthly rent is $2,509.20, encompassing all utilities, CAM, and taxes. The business features a fully equipped kitchen with multiple blenders, refrigerators, freezers, and prep areas, along with seating for 10 customers. Nine employees currently support operations. The asking price is $125,000, and there is significant potential for increased profitability through expanded delivery services, catering, and community engagement. A $12,500 transfer and training fee covers initial support, while ongoing franchise fees include a 6% royalty and 4% marketing fee. This turnkey operation offers a strong return on investment within a well-established and reputable franchise system. The seller is motivated and is pursuing a new career opportunity. This is a rare chance to acquire a profitable, established business with a long-term lease in a prime Houston location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.37
- Latitude
- 29.77
