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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Quick Service Thai Restaurant with Consistent Sales Record
(Restaurants)
Dallas, Texas
Listed Price: $ 175,000
Listing ID: 000981

Listing DetailsDown Payment: $ 35,000
Gross Revenue: $ 583,000
Cash Flow: $ 92,900
FFE: $ 100,000 (Included in Price)
Inventory: $ 4,000 (Included in Price)
Reason for Sale:

Retirement


Training & Support:

The owner of the business will provide ample training to the buyer for a smoothly transition into the business operation.


Listing SummaryBusiness Description:

Quick service Thai restaurant in the epicenter of North Dallas full of bustling high-rise office buildings is available for acquisition. This business was originally established by the current owner of the business nearly a decade ago in 2012. Most of the customers are a well-mix of demographics comprised of white collar workers from the surrounding high-rise office buildings and traffic from the major highway couple of streets down. Gross sales average has been $580,000/year that has been steadily increasing as this business is actively getting recognized by the individuals in the local area as well as the office buildings. Although some marketing is in place through their delivery services and word of mouth, other proactive marketing needs to be fully utilized to maximize the income of the business while gaining new customers. Competition can be expected for any restaurant business, but this business caters to individuals in the local area searching for a quick and easy meal to eat while having a large volume of deliveries. There are many ways to proactively market this business such as expanding catering sales, increasing visibility, expanding menu options, direct mailing and loyalty program. Introducing a loyalty program may help with the numerous office buildings that have tenants that consistently orders in large volume from this business. 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 operation.


Competition:

Few competitors are within the immediate market area, but this business caters to individuals looking for a quick and easy meal. This business has large amounts of delivery and carry-out orders.


Potential Growth:

Some marketing is in place through social media and their delivery service, but other proactive marketing methods needs to be utilized for this business to generate more revenue.


Financing/Terms:

100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.


LocationSquare Footage: 2591
Facilities:

This business is located in a 2,591 SF space of a retail strip center that is next to a major highway and numerous high-rise office buildings.


OperationYear Established: 2012
Employees: 4FT/3PT
Absentee Owner: No