High Voume Fast Food Restaurants-2 Store Package

Business Overview:

Opportunity to purchase a package that consists of 2 operating, extremely profitable, high volume fast food restaurants with beer, wine & alcohol sales located in 2 rural towns 30 miles southeast of Dallas. Absentee owner not involved too much in the day to day operations who operates the business with a general manager. Annual sales continued to trend up during and after the pandemic. Very unique concept with limited competition. Approx. 35% of the revenue is pick up & drive through. Primary source of revenue is food with alcohol sales at only approximately 8-10% of total sales. Very high food quality & consistency. Not much serious competition as the chicken fast food franchises typically prefer more populated urban locations. Very large trade area. Customers of these restaurants are typically destination oriented and have been regulars for a very long time. Adding seafood items to the menu would boost sales even further.

OWNER MOTIVATED TO SELL NOW! The owner’s vision is to build a brand name and open multiple locations throughout the Dallas/Fort Worth metroplex. The concept with the new restaurants is more of a bar & grill atmosphere emphasizing alcohol sales. These 2 being sold are the original operations that have remained unchanged since the seller bought them back in August of 2019. They are more family friendly atmospheres geared to the dine in & drive through customer. Encourage all prospects that are concerned with a seller competition issue to visit the new operations to see the difference between the concepts. Needs to sell these 2 to free up capital and time to focus on the new operations. MAKE ALL REASONABLE OFFERS!!Financing is available from a 3^rd party SBA lender for buyers with sufficient credit, restaurant experience and a minimum 20% cash downpayment. All sales revenues and cash flows stated can be supported with the proper financial source documentation including filed federal tax returns.

Seller will provide some on-site training after the purchase, assist in securing retention of employees and transfer of supplier relationships & provide on-call telephone assistance after completion of the training.

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Property Features and Assets:

Both fully equipped fast food restaurants capable of serving very high volume sales. One restaurant is 3,262 square feet and the other is 3,060 square feet with each paying a base rent of $9,833.61 per month plus additional rent of $1,367 per month for real estate taxes and building insurance for a total monthly gross rent of $11,200 per restaurant. Both premises leases expire on September 1, 2029 and each contains a 10 year renewal option with the base rent tied to the prevailing market rate upon renewal.

Market Competition and Expansion:

Not much serious competition as the chicken fast food franchises typically prefer more populated urban locations. Very large trade area. Customers of these restaurants are typically destination oriented and have been regulars for a very long time.

Reason for Selling:

Additional Details:

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