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Home-Style Burger Joint With Bar
Location: United States -> Texas -> Ellis County
Industry: Franchises > Food and Beverages




Business Summary

Prime location burger joint with full bar open for 7 days a week is available for acquisition. This business was originally established by the current owner of the business is late-2015. Most of the customers during the weekday consist of many seniors and business people as well as families that live in the surrounding densely populated residential neighborhoods. Net sales average was $790,000/year that has been steadily growing over the last couple years due to active marketing on social media outlets and magazines. Although the current active marketing have brought consistent sales and customer acquisition, other forms of proactive marketing is crucial if this business is to reach full potential. Competition can be expected as any burger joint, but all the corporate competitors provide their standard menu items at higher price points compared to the high quality and lower price point menu at this business. There are many ways to proactively market this business such as direct mailing, delivery service, 3rd party delivery service, catering, student discounts, happy hour, weekly specials, daily deals, coupons, hire additional staff and expanding the current menu items. Additional menu items like desserts are needed to increase the total average of each customer ticket and attract more customers from around the area. Various menu items are provided at this business that can range from burgers, breakfast platters, sandwiches, omelets, appetizers, salads, baskets and some desserts. 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 operations.
For more info, please call stephen lee at 1-866-519-2421.

Asking: $290,000
furniture, fixtures & equipment: $100,000 (included in listed price)
inventory: $7,500 (included in listed price)
financing: 100% down at the time of closing or 50% cash down with sba financing for qualified buyers with industry experience.
Facilitie~


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $841,730
Cash Flow:   $145,432
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2015
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner of the business will provide the necessary training needed to smoothly transition into the business operations.
Reason For Selling:  Burnt Out




Print Listing Id: 700330959
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Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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