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Prime Location Upscale Breakfast And Lunch Spot
Location: United States -> Texas -> Collin County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Upscale casual breakfast and lunch spot in one of the fastest-growing cities in North Dallas is available for acquisition. This business was established and built from the ground up by the current owner in late 2017 and has built up a respectable reputation and sales have significantly increased since opening and growing year over year. The first year's sales were approximately in the low $50,000/month, but now it has grown to approximately $70,000/month. Despite growing sales each year, there are other things that could be implemented to increase the sales even further. The new owner can utilize all third-party deliveries, add additional drink items and desserts on the menu, increase the menu prices by 5-10%, and expand outdoor seating. This business has a presence in social media outlets including its own website, but the owner has not been too proactive marketing the business for additional potential income. The area itself is growing and booming with the development of high-end dwellings and businesses and in order to fully reach its financial potential, direct marketing, such as coupons and flyers need to be utilized in order to acquire new customers from the untapped areas of the city. Although the online presence helps, the best source of marketing has been positive online reviews, word of mouth, and return customers. The majority of the customers are upper-income Caucasian individuals and families with much disposable income, including some of the local pro athletes. This business serves made to order traditional breakfast menus such as skillets, omelets, pancakes, crepes, and lunch menus ranging from burgers, sandwiches, wraps, salads, kid's menu, and etc. This business is fully staffed with experienced cooks and friendly servers and the owner spends approximately 20-30 hours each week with manager duties, book-keeping, and customer service. This business is a great opportunity for an owner who can proactively market the business to further grow the bus...


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $809,460
Cash Flow:   $225,299
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2017
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.
Reason For Selling:  Relocation




Print Listing Id: 700344230
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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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