Food Court Restaurant for Sale in North Dallas 001575
VIRTUAL TOURPrice: $180,000
Location: Collin County, Texas
Industry: Restaurants & Food/Other Restaurants & Food
Listing ID: 001575
Food court restaurant for sale! A casual food court restaurant in a busy North Dallas location is now available for acquisition. The restaurant opened in January 2024 and serves Korean-inspired street food with a menu that appeals to many tastes.
The menu includes popular items such as bibimbap, gimbap, donkatsu, udon, bento boxes, soft tofu soup, fried rice, and other savory dishes. The restaurant also offers boba tea, coffee, and lattes.
The restaurant is located inside the food court of one of the busiest Asian grocery stores in North Dallas, bringing in steady foot traffic every day. The space is about 600 square feet, and all equipment is in good working condition. Customers are mostly middle-income individuals and families from all backgrounds.
There is competition in the food court, but demand is strong. The restaurant performs best on weekdays and stands out from nearby competitors due to high-quality ingredients and great taste.
The business currently relies on regular customers and organic foot traffic. There is no marketing or online presence, which creates a strong opportunity for growth. A new owner could increase sales by adding a website, social media, new menu items such as sushi or rolls, and opening seven days a week.
The current owner works as a full-time cook and handles purchasing and payroll. The owner is selling due to other business opportunities.
The cashiers are acquaintances of the owner and they are paid above the market rate.
They will not stay with the business and by hiring employees at the market rate, considerable amount of payroll can be reduced.
This is a great chance to take over a profitable restaurant with built-in traffic within a desirable North Dallas location with plenty of room to grow.
Down Payment: $50,000
Total Sales: $483,736
Cash Flow: $91,150
Inventory: $5,000 (Not Included in listed price)
FFE: $30,000 (Included in listed price)
Owner Financing: No
Franchise: No
Real Estate: No
Relocatable/Home-based: No
Reason For Sale:
Other Opportunities
Training & Support:
The owner will provide two weeks of training to allow a smooth transition into the business.
Year Established: 2024
Employees: 2FT/4PT
Absentee Owner: No
Square Footage: 600 SF
Facilities Information:
The location is prime, located within the food court of one of the busiest Asian Grocery Stores in the Collin County area. The business operates within a 600 sq. ft. facility, all of the equipment is in good working condition.
Competition:
Competition is to be expected. There are several other Asian restaurants in the food court. However, there is strong demand, and this business is the busiest during the weekdays. This restaurant stands apart from nearby competitors with quality ingredients and superior taste.
Potential Growth:
There is significant growth potential that could be explored by adding additional menu items such as sushi and rolls, expanding marketing efforts, and opening 7 days per week. With the current cuisine and concept, the restaurant is earning $40K per month, but it was earning over $45K per month when multiple cuisines were offered, but this did create more headache due to staff.
Financing/Terms:
100% cash at closing or 30% cash down with SBA financing, available for qualified buyers.
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