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Six Day A Week Free Standing American Diner
Location: United States -> Texas -> Dallas
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Old fashioned style fast food hamburger/American restaurant established for over 15 years placed in a prime location is now available for acquisition. This business was originally established by the current owner in 2004. This American diner occupies a 1,800 SF space of free standing building featuring convenient drive-thru next to an intersection surrounded by heavy industrial area as well as densely populated residential neighborhoods. This business is located in a prime location right next to main road of the city with great visibility and has easy access to the store as well as ample parking space to accommodate for large groups. Most of customers are individuals and workers coming from nearby warehouse and small businesses in the industrial area as well as nearby densely populated residential neighborhoods. Few of other type of restaurants are found, but no direct competitors are within the immediate market area. This 15-Year established all day American restaurant offers a variety of menu ranging from breakfast, hamburger, wings, fried seafood, Philly steaks, and cold subs to ice cream. Gross sales average has been around $450K-480K per year that has been consistent over the last several years due to the solid customer base this business has built over 15 years since 2004 without any marketing in place except thru a word of mouth. Currently, there is very minimal amount of marking being done, and there are many ways to proactively market this business such as direct mailing, flyers, social media outlets, coupons, and daily specials etc. The current owner is willing to stay and train new owner until new owner completely grasps every aspect of the business. If you are looking for a well-established fast food independently owned restaurant with a solid customer base, this restaurant is a great opportunity to acquire.
For more info, please call Moon Kim at 1-866-519-2421.

Asking: $199,000
Furniture, Fixtures & Equipment: $70,000 (Included in listed price)...


Financials

Asking Price Range:  < $250K
Gross Revenues:   $489,225
Cash Flow:   $111,547
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2004
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.
Reason For Selling:  Other opportunities / Looking for passive income investments




Print Listing Id: 700343108
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers



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