Burger Restaurant for Sale

Asking Price$229,000

Cash Flow
$114,623
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$549,184

Inventory$3,000
Included in asking price
FF&E$30,000
Included in asking price
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Burger Restaurant for Sale


Asking Price$229,000

Cash Flow
$114,623
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$549,184

Inventory$3,000
Included in asking price
FF&E$30,000
Included in asking price
Business Description
Restaurant business for sale serving burgers. This established burger restaurant is available for acquisition. The burger restaurant is known for its high-quality unique burgers that are cooked to order in a timely manner. This burger restaurant was established around 2013 and later acquired by the current owner in 2022. The current owner has increased the revenues since acquiring it by focusing on quality of products, consistency and customer service, which has helped this restaurant thrive again from its lows during covid to its current sales of over 500K in 2023. This burger restaurant occupies 2,300 sq ft of space in a retail strip center, that is directly across from one of the largest auto assembly plants that employs over 5,000 employs. The current owner works Full-Time at the restaurant and is involved in bookkeeping, payroll, inventory, and day-to-day operations. Although some burger restaurants are in the immediate area, none are direct competitors from the current restaurant as its products are on a different tier and have a different customer base from the typical chains. While the restaurant is projected to continue its steady growth into 2024, many strategies could still be implemented to continue this growth for years to come, with additional marketing to reach new customers from untapped areas nearby.

Listing ID #001367
About the Business
Years in Operation
12
Employees
6
Facilities & Assets
This burger restaurant occupies 2,300 sq ft of space in a retail strip center facing a huge auto assembly plant that employs over 5,000 employees and is surrounded by many apartment buildings.
Market Outlook / Competition
There are no direct competitors as this burger restaurant provides a unique menu with quality ingredients and made to order system that is able to execute on a consistent, timely basis, which is hard to come by for a burger restaurant.
Opportunities for Growth
The business has been established for many years. It continues to attract new customers solely from word-of-mouth. Revenues have been growing at a steady rate after the Covid-19 pandemic without much advertisement. Implementing a marketing strategy will help continue to fuel the growth such as social media advertisement, paid google advertisement and adding a catering menu could help capture larger orders from the big companies near the business.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,300
About the Sale
Seller Motivation
Family reason
Transition Support
The owner will train for an agreed upon time for a smooth transition.
Financing Options
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Listing Info
ID
2317220
Listing Views
582
Attached DocumentsAttachment Disclaimer

NDA_Non_Disclosure_Agreement_for_001367_Burger_Restaurant_for_Sale.pdf


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Business Listed by: V-AID Business Investment V-AID Group, Inc.

Listing ID: 2317220 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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