Restaurants For Sale in Texas Serving Global Cuisine

Asking Price$440,000

Cash Flow
$227,454
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,002,737

Inventory$7,000
Included in asking price
FF&E$125,000
Included in asking price
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Restaurants For Sale in Texas Serving Global Cuisine


Asking Price$440,000

Cash Flow
$227,454
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,002,737

Inventory$7,000
Included in asking price
FF&E$125,000
Included in asking price
Business Description
Restaurant for sale in Texas serving American food. 12-year established traditional American restaurant in far Northeast Dallas is now available for acquisitions. This business is an authentic American restaurant and has been loved by locals over the past 12 years of operation. The restaurant was established by the original owner in 2009 and was acquired by the current owner in 2011. Various American traditional food items are provided at this restaurant, ranging from appetizers, salads, soups, entrees, signature steak & shrimp, burgers, sandwiches, kid's menu, desserts, beer & wine, etc. The restaurant offers a brunch buffet on Sundays only. Most customers are Caucasian individuals and families; most are residents from nearby residential areas.

Gross sales of this business have grown consistently for 12 years at around $900k per year. Current monthly sales are about doubled since the current owner's acquisition in 2011. Revenue decreased slightly in 2020 due to Covid-19, but it has fully recovered in 2021 and is now on track to exceed 2019 (pre-Covid year). The current sales exceed $100k/month and are estimated to reach $ 1.1-1.2 million/year in sales for 2021.

Acquisition of this 12-year established authentic American restaurant will give a new owner access to a well-established restaurant with considerable cash flow and a solid customer base built for more than a decade that can be further expanded thru proactive marketing and by tapping into new business opportunities.

Listing ID #001111
About the Business
Years in Operation
16
Number of Employees
17
Facilities & Assets
This business occupies a 4,000 SF space in a retail strip center nearby a busy road with high traffic and is surrounded by many residential neighborhoods. Most of the major equipment has been well maintained and all in great working order.
Market Outlook / Competition
There is no direct competitor within the immediate market area for this business other than several restaurants that offer American breakfast & lunch menus.
Opportunities for Growth
Catering is the key to the further growth of the business. Marketing efforts on increasing catering business tailored to nearby corporate offices and headquarters, medical offices, car dealerships, and churches can also significantly improve sales as a catering business still has room for growth. Launching in-house delivery and expanding 3rd party delivery services can greatly improve sales as the demand for delivery and take-out service is growing more than ever after the COVID-19 outbreak.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
About the Sale
Seller Motivation
Other business opportunities
Transition Support
The owner will provide sufficient training for an agreed-upon period to allow the transition into the business as seamlessly as possible.
Financing Options
100% down at the time of closing or 25% Cash Down with SBA Financing for Qualified Bu
Listing Info
ID
2399541
Listing Views
144
Attached DocumentsAttachment Disclaimer

NDA_Non_Disclosure_Agreement_for_001111_Restaurants_For_Sale_in_Texas_Serving_Global_Cuisine.pdf


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

Listing ID: 2399541 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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