Buy Restaurant in N. Dallas with Fast Growing Sales
North Dallas, Texas
| Asking Price: |
Gross: |
Cash Flow: |
| $599,000 |
$1,496,850 |
$236,885 |
Furniture and Fixtures Value:
$150,000 (included in the asking price)
Inventory Value:
$4,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Buy Restaurant with a Texas theme and a full bar in a fast-growing city in the North Dallas area! The previous owner established the business in 2004, and it was later acquired in 2013 by the current owner. Various menu items provided at this southern-style restaurant range from appetizers, salads, brunch, burgers, sandwiches, Tex-Mex, and homemade pies. Most customers are middle to upper-class individuals and families from nearby densely populated residential neighborhoods. The restaurant has accumulated a solid repeat customer base for 18 years of operation. The gross sales of this American restaurant have doubled from $600k to over $1.3mil from 2018 to 2021 and are projected to keep growing as the area keeps growing. Although there is some competition in the area, the restaurant concept has resonated with the locals and customers from the surrounding areas nearby. Through events and promotions, marketing in the local area has brought the local community to support this business as a stable in the area. Additional marketing in the local area will allow this business to grow further and thrive in the current marketplace. This restaurant is a perfect opportunity for restaurateurs who loves to be part of a growing community and enjoy making friends while serving great food and beverages.For more info, please call Stephen Lee at 1-866-519-2421.
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| Year
Business was Established: 2004 |
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| Number of Employees:
5FT/22PT |
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| Facilities / Terms of Lease:
This business is located in a 3,255 SF space of a Retail Strip Center in a fast-growing city North of Dallas with huge population growth. |
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| Potential
Growth/Expansion:
This business will have a very natural organic growth due to the rapid expansion of the area and residents moving in, along with adding catering orders and hosting additional events. |
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| Competition:
There are few competitors in the area but the area the business resides in is growing very rapidly. |
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| Owner
willing to finance:
100% down at the time of closing or 25% Cash Down with SBA Financing for Qualified Buyers with Industry Experience. |
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| Owner
willing to train:
Seller will provide ample training for a smooth business transition. |
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| Reason for selling:
Other business opportunities |
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| REQUEST MORE INFO |
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