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- RE: Hamburger Restaurant In Affluent Neighborhood
- Contact: Moon Kim
- License #: 567204
Quick Facts
Asking Price: | $320,000 | |
Annual Revenue: | $812,323 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $109,198 | |
Total Debt: | Not Disclosed | |
FF&E: | $220,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1990 | |
Employees: | 10 | |
BBN Listing #: | 986400 | |
Broker Reference #: | #001256 |
Business Overview:
For sale restaurant that serves burgers near a prestigious hub of Dallas County is now available for acquisition. Recently rebuilt with most FFE being replaced and installed. The restaurant occupies 2,500 SF and has been operating for over 30 years since opening its doors in 1990. It has since become a staple for many residents of Dallas County. Most customers are families with children of all age groups and demographics living in the surrounding densely populated residential neighborhoods. The location is near the metroplex's busiest retail centers and intersections.
The restaurant is easily accessible and visible to oncoming traffic. Sales are consistent, averaging $80,000 - $85,000 per month. This has been accomplished with virtually no marketing outside of word of mouth and benefiting from a visible location. Proactive marketing would enable this restaurant to grow beyond its current stage in terms of cash flow and acquisition of new customers from untapped areas within the city and surrounding areas. There are many ways to market the business, including email advertisement, creating a stronger social media presence, optimizing the official website, offering discount coupons, etc. There is some direct competition in the immediate area serving burgers. However, this restaurant outshines its competitors with its unique approach to the build-a-burger concept, delivering a clean, comfortable, and family-friendly atmosphere and delivering consistent service for over 30 years. This business is fully staffed from front to back of the house, with the owner working part-time, managing at a higher level. Perfect for an experienced potential buyer or family interested in owning a consistent, simple, and established business that can easily benefit from proactive marketing.
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Property Features and Assets:
The restaurant is located near prestigious hub of Dallas County. Easily accessible and visible to oncoming traffic of one of the busiest retail centers and intersections in the metroplex. The restaurant sits at the end cap of a retail strip, with several other nearby businesses bringing a steady traffic flow to the immediate area. / Inventory: $3,000 (Included in listed price).
Market Competition and Expansion:
Competition: There is direct competition nearby that serves burgers. Competition isn't nearly as established, lacks the unique approach to the build-a-burger concept, and doesn't deliver a clean, comfortable, family-friendly atmosphere as well as this restaurant. All of which work well for this particular area. / Growth and Expansion: Proactive marketing will be key to seeing new levels of growth for this business. The business has relied on word of mouth and its visible location to acquire customers. However, there remains untapped growth potential due to the lack of proactive marketing that will likely draw new customers to this business. Ways to market this business can be anything from email advertisements, participating in sponsorships for local events, discount coupons, etc.
Reason for Selling:
RetirementAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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