Broker Name:Stephen Lee
Broker Email:info01@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Franchise Deli Shop in High Occupancy Office Building
(Restaurants)
Dallas, Texas
Listed Price: $ 179,000
Listing ID: 000875

Listing DetailsDown Payment: $ 89,500
Gross Revenue: $ 210,000
Cash Flow: $ 80,000
FFE: $ 100,000 (Included in Price)
Inventory: $ 6,000 (Included in Price)
Reason for Sale:

Looking for other opportunities


Training & Support:

While Corporate will provide a comprehensive hands-on training, the current business owner will provide training and support to make the transition as seamless as possible.


Listing SummaryBusiness Description:

Prime national deli franchise in a high occupancy office building is now available for acquisition. This business was established over a decade ago in 2007 and later acquired by the current owner in 2015. All customers are the office building employees and more than 90% of the building space is already occupied with a long term lease which will provide a solid customer base that won't go away anytime soon. There are no competitors within the immediate market area as this business is the only deli shop in this building as well as the only restaurant. This nationwide franchise deli shop provides various menu items superior in quality and taste such as breakfast tacos, pastries, burritos, paninis, sandwiches, subs, wraps, salads, desserts, sides and etc. Gross sales average was $17,000/month that has been consistent for several years without any marketing except thru corporate ADs and word of mouth within the office building. Although some marketing is in place thru corporate, proactive marketing methods within the building needs to be fully utilized since this franchise can easily benefit from spreading awareness which will increase the sales and customer acquisition from the remaining building occupants. There are many ways to proactively market this business such as direct mailing, daily specials, office events, social media outlets, 3rd party delivery and catering services. Utilization of catering services is necessary as many corporations will use this service for large gatherings which is common throughout the area and will allow this franchise to spread awareness of their services in the local area outside the building. Since the owner of this business operates as a part-time owner, a full-time owner-operator will enjoy additional profit by cutting down unnecessary payroll expenses as well as keeping the quality of management consistent within the business. This business is looking for a prepared entrepreneur who can be hands-on in the day-to-day business operation and conducting pro-active marketing for next level growth.


Competition:

There are no competitors within the immediate market area of this business.


Potential Growth:

Some marketing is in place through corporate, but local marketing within the office building will be the key to grow the business.


Financing/Terms:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 1559
Facilities:

This business is located in a 2,260 SF office building that has many offices that surrounding this facility as well as densely populated residential neighborhoods. All equipment is in impeccable condition and in working order.


OperationYear Established: 2007
Employees: 1FT/1PT
Absentee Owner: No