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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Home-style Burger Joint w/ Bar
(Restaurants)
Dallas, Texas
Listed Price: $ 150,000
Listing ID: 000646

Listing DetailsDown Payment: $ 75,000
Gross Revenue: $ 711,664
Cash Flow: $ 88,621
FFE: $ 100,000 (Included in Price)
Inventory: $ 7,500 (Included in Price)
Reason for Sale:

Burnt Out


Training & Support:

The owner of the business will provide the necessary training needed to smoothly transition into the business operations.


Listing SummaryBusiness Description:

Prime location burger joint with full bar open for 7 days a week is available for acquisition. This business was originally established by the current owner of the business is late-2015. Most of the customers during the weekday consist of many seniors and business people as well as families that live in the surrounding densely populated residential neighborhoods. Net sales average was $790,000/year that has been steadily growing over the last couple years due to active marketing on social media outlets and magazines. Although the current active marketing have brought consistent sales and customer acquisition, other forms of proactive marketing is crucial if this business is to reach full potential. Competition can be expected as any burger joint, but all the corporate competitors provide their standard menu items at higher price points compared to the high quality and lower price point menu at this business. There are many ways to proactively market this business such as direct mailing, delivery service, 3rd party delivery service, catering, student discounts, happy hour, weekly specials, daily deals, coupons, hire additional staff and expanding the current menu items. Additional menu items like desserts are needed to increase the total average of each customer ticket and attract more customers from around the area. Various menu items are provided at this business that can range from burgers, breakfast platters, sandwiches, omelets, appetizers, salads, baskets and some desserts. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operations.


Competition:

Few corporate competitors are within the immediate market area, but all the locals want mom and pop shops that provide quality menu items at an affordable price point.


Potential Growth:

Some marketing is done through social media and magazines, but there's many other proactive marketing tactics that can be utilized to generate more cash flow and acquire more customers.


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 retail strip center that is nearby numerous office buildings and densely populated residential neighborhoods. All equipment is in impeccable condition and in working order.


OperationYear Established: 2015
Employees: 6FT/15PT
Absentee Owner: No