Broker Name:Kevin Chung
Broker Email:info02@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Franchise Unique No-Frills Easygoing Burger Joint
(Restaurants)
Dallas, Texas
Listed Price: $ 150,000
Listing ID: 000697

Listing DetailsDown Payment: $ 45,000
Gross Revenue: $ 311,523
Cash Flow: $ 66,483
FFE: $ 30,000 (Included in Price)
Inventory: $ 1,000 (Included in Price)
Reason for Sale:

Retirement


Training & Support:

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


Listing SummaryBusiness Description:

Unique easygoing burger joint anchored by a nationwide grocery chain is available for acquisition. This business was originally established in 2010 and was later acquired in mid-2015 by the current owner of the business. Competition is expected for any business within this industry, but this business has the best price point for their menu items and the quality is superior to other burger joints. Most of the customers are middle-class individuals from the densely populated residential neighborhoods and employees from the office buildings within the area. Net sales average is $285,000/year that has been consistently growing yearly since current owner's full time involvement in the establishment and upgrades in the kitchen equipment. While some marketing was done through a social media outlet, other forms of active marketing are crucial for this business to generate more revenue and acquire more customers. Delivery service is also provided within the area through 3rd party services and can easily increase sales by converting the delivery service to in-house. Marketing can be done in various ways to increase the cash flow of this business such as direct mailing, door hangers, in-house delivery service, daily deals, weekly specials, and catering service for large parties. The location of this business is optimal for bringing in an immense amount of customers due to the easy visibility from the busy intersection and the nationwide grocery chain that anchors this burger joint. Their menu consists of various types of items that range from appetizers, salads, classic burgers, fusion-style burgers, sandwiches, subs, kids menu, and shakes at an affordable price point. This business has constantly grown since acquisition from the current owner and requires a potential buyer that can actively do the same while proactively marketing this business within the local area.


Competition:

Few competitors are within the immediate market area, but this business is superior in terms of size and quality of their products relative to their competitive price point.


Potential Growth:

Proactive marketing is needed to generate more revenue as the only form of marketing currently done is through social media.


Financing/Terms:

100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 1500
Facilities:

This business is located in a 1,500 SF retail strip center anchored by the nationwide grocery chain and the densely populated neighborhoods.


OperationYear Established: 2010
Employees: 6PT
Absentee Owner: No