SOLD – Unique Gourmet Hamburger Joint
Business Description
A fast-growing unique gourmet hamburger joint in a prime location is now available for acquisition. The business was established by the current owner in 2015. The business occupies a 2,848 SF end-cap space of retail strip center in the hub of central business districts of North Dallas. The facility was fully renovated in 2018, and all furniture was replaced with brand new. This burger joint offers a variety of Asian-fusion hamburger with 100% fresh Angus beef, tacos, fries, hotdogs, rice bowls, etc., while offering traditional burgers as well. Most of the customers are middle to upper-class individuals and families and consist of a well mix of ethnic groups from the surrounding densely populated residential neighborhoods, while the Caucasian customers are still predominant for this business. There are more young customers under the age of 40. Competition is expected for this type of industry, but this business has differentiated itself from other competitors with its unique concept and strong product line. The area where business is located is not only known as central businesses districts but also as the prime spot where two affluent cities are located side by side. The business generates an average of $58K a month in the current year compared to over $50K a month in 2020. Since 2020, the revenue of the business grew at a double-digit rate as the high demand for delivery and take-out service. Although some online marketing is in place through social media outlets and its website, more proactive marketing tactics need to be utilized to achieve maximum income potential as well as to grow the customer base beyond the immediate market area. Marketing efforts on increasing catering business to corporate offices and headquarters, medical offices, car dealerships, and churches nearby can also significantly improve the sales as the catering business has remained untapped. This well-established fast-growing burger joint is ready for a potential buyer to actively involve in the business operation while marketing to grow the business to reach its maximum potential.
