Broker Name:Moon Kim
Broker Email:info@v-aidgroup.com
Broker Phone:1-866-519-2421
Broker Address:2727 LBJ Freeway #775 Farmers Branch, TX 75234
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Gorgeous Gourmet Burger Joint in N. Dallas
(Restaurants)
Denton, Texas
Listed Price: $ 109,000
Listing ID: 000969

Listing DetailsDown Payment: $ 109,000
Gross Revenue: $ 330,000
FFE: $ 150,000 (Included in Price)
Inventory: $ 2,000 (Included in Price)
Reason for Sale:

Other opportunities


Training & Support:

The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.


Listing SummaryBusiness Description:

Brand new equipment and gorgeously built-out burger restaurant located in one of the most rapidly growing cities of far North Dallas is now available for acquisition. This business opened in 2019 and has brought in top-of-the-line equipment and state-of-the-art facilities with a beautifully crafted wood-finished interior. This burger joint is occupied in a 2,327 SF of end-cap space in a retail strip center located in the heart of a heavy residential area of the city where new residential and commercial developments are underway and more people are moving into. The next owner can either keep this concept or do more proactive local and online marketing to increase more exposure and acquire new customers from the untapped areas of the city or convert this turn-key restaurant into new concept of buyer's own. This fully-equipped business has high visibility and ease-of-access from the street and no matter what type of restaurant this location will be converted into, the new restaurant will be fully exposed to the local customers. This burger restaurant has great potential because the city where the business is located still has plenty of rooms to grow and has a good demographic with a large amount of disposable income which can be resulted in additional revenues if proactive marketing is in place. This business is well suited for an entrepreneur who wants to fully utilize this top-notch location with amazing facilities and top-of-the-line equipment to put a new restaurant concept, thereby building a thriving business without an excessive initial investment.


Competition:

Few competitors were found within the immediate market area, this business is optimally placed next to a busy intersection and easy to access with great visibility than other competitors.


Potential Growth:

A potential buyer must put a lot of effort into promoting the business to expose itself to local customers by proactive marketing as it has been only open for less than a year. This business may be converted into other types of restaurant that suit this area and demographics well.


Financing/Terms:

100% down at the time of closing.


LocationSquare Footage: 2327
Facilities:

This business in a 2,327 SF of end-cap space in a retail strip center is located next to a major road in one of the most fast-growing cities in North Dallas. The interior of the business is gorgeously built and is fully equipped with top-of-the-line equipment which can be converted into other type of cuisine.


OperationYear Established: 2019
Absentee Owner: No