Hamburger Restaurant in Affluent Neighborhood
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.
Furniture, Fixtures & Equipment: $220,000 (Included in listed price)
Inventory: $3,000 (Included in listed price)
Financing: 100% cash at closing or 50% cash down with SBA financing available to qualified buyers with industry experience.
Seller will consider owner-financing for qualified buyer with 50% cash down.
Year Established: 1990
Employees: 5FT/5PT
Facilities: 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.
Support/Training: 2-week training period to provide a smooth transition into the business.
Reason Selling: Retirement
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.
Financials (USD)
Asking Price $320,000
Cash Flow $104,267
Sales $827,134
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Yes
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? No
Management will stay? Available On Request
Relocatable? No
Real Estate? No
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