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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Owner Absentee Mexican Restaurant with High Cash Flow
(Restaurants)
Dallas, Texas
Listed Price: $ 349,000
Listing ID: 000904

Listing DetailsDown Payment: $ 175,000
Gross Revenue: $ 720,000
Cash Flow: $ 185,000
FFE: $ 120,000 (Included in Price)
Inventory: $ 10,000
Reason for Sale:

Other Opportunities


Training & Support:

Will provide substantial training needed to smoothly transition into the business operation.


Listing SummaryBusiness Description:

Prime location Mexican restaurant in the heart of East Dallas is available for acquisition. This business was originally established by the current owner of the business in 2015. Most of the customers are middle-class blue collar Hispanic individuals from the surrounding densely populated residential neighborhoods and traffic from the major roadway that connects all local roads to this main street. Gross sales average is $60,000/month that is consistently growing each year of operation with only word of mouth and their quality menu items. Although no marketing is in place, this business can easily generate much more revenue and acquire new customers through active marketing. Competition can be expected for this type of business industry, but this business is one of the few restaurants in the area that serves authentic Mexican cuisine and is placed next to a high traffic area with numerous retail businesses. There are many ways to proactively market this type of business such as direct mailing, student discounts, social media outlets, delivery service, 3rd party delivery service, daily specials, weekly deals and full-time owner involvement. A full-time owner-operator working will allow the business to cut some payroll expenses and increase the quality of the customer service. This business has everything in place for a potential buyer to proactively market and grow this business by working on a day-to-day basis.


Competition:

Few competitors are within the immediate market area, but this business is conveniently placed next to a coin laundry that brings constant traffic to the area and is one of the few truly authentic Mexican restaurants in the local area.


Potential Growth:

There is no marketing done at the current time. Proactive marketing in the local area is needed to grow this 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: 2650
Facilities:

This business is located in a 2,650 SF space of a retail strip center surrounded by many retail businesses and is connected to a major roadway with immense traffic.


OperationYear Established: 2015
Employees: 11FT
Absentee Owner: Yes