William Russell

Two of the largest deli franchise companies in Texas have merged. Since they are now one company, this allows them greater purchasing power and the ability to negotiate exceptional leases and rents. The two brands will continue to operate separately, under their original names. The two delis are in separate buildings within blocks of each other. The total square footage of the first building is approx. 800,000 sf. and the total square footage for the second building is also about 331,000 sf. for a total space about 1 million sf. This established and highly respected Houston based franchise provides a proven menu, management system and suppliers. In addition they negotiated exceptional percentage rents. A prospective buyer needs to form his own conclusions. Due to excellent reputation of the franchisor they were offered long term leases for percentage ... Less

Upscale restaurant and bar in an affluent area with a good mix of business and residential. The restaurant features American cuisine with a wide variety of items, plus a full service bar. A large Country Brunch served on weekends. The restaurant was designed by an experienced restaurant operator. More importantly, great efforts were invested in the menu, operations manual, procedures, supplier contacts and employee training. The restaurant has consistently received high reviews. The restaurant looks like a national chain restaurant and could serve as a prototype for a chain of restaurants. The large, fully equipped, state-of-the-art commercial kitchen can handle a variety of orders at the same time. See the link to the attached Executive Overview. ... Less

Located in the northwest section of Houston in a high-end business area. The deli is about 2,750 sq. ft. and the building is just under 207,000 sq. ft. More important than the size of the building, is that between 7 am and 5 pm, the building has a foot traffic of about 1,100 people. Historical data shows delis of this type usually gross between $1.50 and $1.75 per person, per day. This reinforces the reported sales revenue. [The deli was only open about 3 months before the Covid Virus closed many businesses. Many businesses reduced their number of employees or allowed them to work from home.] In addition to the daily foot traffic, there is a major tenant with an evening shift that has between 400 and 500 people between 5 pm and 11 pm and about 300 people on Saturday. ... Less

Exceptional building, exceptional location and a well established franchise company. The franchisor is highly respected and because of their reputation the building offered them free rent. Not just a percentage rent, but free rent. Also, there is no utilities or CAM. Located at the northwest section of Houston in a new high-end business area. The deli is about 2,750 sq. ft. and the building is just under 207,000 sq. ft. More important than the size of the building, is that between 7 am and 5 pm, the building has a foot traffic of about 1,100 people. Historical data shows delis of this type usually gross between $1.50 and $1.65 per person, per day. This reinforces the reported sales revenue. [The deli was only open about 3 months before the CoronaVirus closed many businesses. Revenues projected are based on annualizing sales plus applying formulas to ... Less