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Accommodation & Food Services

Profitable Korean BBQ Franchise - Owner Absentee -

Houston, TX, USA
Listed 19 days ago
Established 2025

This fast-casual restaurant concept operating under a national franchise, located in an inline retail suite in a Walgreens-anchored shopping center on a very busy road in Northwest Houston is now available. The concept serves “street-food style” Korean BBQ rice bowls featuring steamed rice topped with a choice of chicken, beef, pork, tofu or vegetables, plus Korean sides such as man doo and kimchi and Korean beverages. The franchise started in 2013 as a single food truck and has grown into a franchised chain after receiving brand investment from one of the Sharks on Shark Tank. As of 2025-2026 the franchise has 55-60 U.S. locations across Utah, Idaho, Arizona, Colorado, Nevada, Oklahoma and Texas (plus a large, licensed presence in Indonesia), with system-wide revenue reported at approximately $64 million. Buyer will pay 6% royalty and a 1% advertising fee and a $10,000 transfer. Seller is totally absentee, but business will perform better with active owner. EBITDA shown is while paying a full-time manager. Listing #8392 is also for sale and seller will consider discounting both locations if buyer purchases them together. Please be discreet. Employees are unaware business is for sale. Seller's EBITDA: $118,490 Proforma

Location

2003SF location in shopping center

Employees

4ft; 4pt

Real Estate

Lease

Trading Hours

7 days - Sun - Thurs 10am-9pm; Fri - Sat 10am - 9:30pm

Management Type

This business has absentee ownership.

Owner Financing

Owner financing is available. Please contact the seller for more information.

Support & Training

Seller will train

Expansion Potential

● Marketing - add Google Ads, expanded paid social, and third-party delivery marketing. ● Community/school partnerships (fundraising nights). ● Leverage Shark Tank exposure to add brand awareness locally ● Expand delivery & add catering since limited direct Korean-food competition.

Inventory / Stock Value

$2,500

Reason for Selling

Hugh, untapped potential - Seller's growing 30+ location portfolio hasn't allowed time to develop it.

Financials

Asking Price
$250K
RevenueMost Recent Year
$742K
Earnings (SDE)Last Reported
$118K
Assets ValueIncluded in Asking Price
$337K
Seller Financing
Yes

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