Sell a Business!
Post a business for sale for as little as $99.95! |
|
|
Texas Business For Sale |
|
|
|
| RESTAURANT AND GRILL / SEMI-ABSENTEE |
|
|
|
| Attn: John Hohenbrink |
|
| Irving, TX, USA |
|
|
|
|
|
|
| Asking Price: |
|
$60,000 USD USA Dollars |
| Business for Sale Industry: |
|
Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
|
Other business interests. |
| Year Established: |
|
1990 |
| # of Employees: |
|
4 |
| Yearly Revenues: |
|
$225,762 |
| Yearly Cash Flow: |
|
$80,000 |
| Yearly EBITDA: |
|
$80,000 |
| Yearly Net Profit: |
|
$80,000 |
| Yearly Gross Income: |
|
$225,762 |
|
|
|
|
|
|
Business for Sale Overview:
|
|
*** This Listing Has Been SOLD!! *** The owner’s have lowered the price for a quick sale. The first $60,000 will take this great opportunity! They have acquired another business and need to move very quickly. The have to sell within the next 2-3 weeks. The restaurant offers a large and diversified menu selection that includes appetizers, sandwiches and wraps, salads, dinners and desserts. The restaurant has been completely remodeled with tile floors, new walls and ceilings, and a new bathroom. The kitchen was relocated and expanded with new and refurbished equipment throughout. The dining area has new furniture and counters, drink dispenser, and drink refrigerator. The restaurant is currently being run semi-absentee. With only a 10% revenue increase in 2008 an owner/operator should expect a cash flow of over $80,000. Very motivated Seller!
|
|
Property Features and Assets:
|
|
Excellent facilities located in an up-scale strip center in the heart of the Las Colinas business district. The restaurant has been completely remodeled with over $40,000 in upgrades. All new kitchen equipment, restroom, and dining room furniture have been installed. |
|
Market Competition and Expansion:
|
|
Competition: No direct competition in the area. The owner is really expanding the business with over 30% growth this past year. Direct marketing and advertising in area hotels and businesses will continue the growth into the next year. Growth and Expansion: The restaurant actively advertises and delivers menus to all of the area businesses and hotels. They will also be utilizing direct fax advertising to the area businesses. They expect another minimum of 10-15% growth in 2008. With only a 10% revenue increase in 2008 an owner/operator should expect a cash flow of over $80,000. |
|
|
|
|
|
Additional Details:
|
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
|
|
|
|
|
|
To contact the seller of this
specific business for sale please complete and submit the following
form.
|
|
|
| Please provide any
additional details: |
|
|
* Indicates required field.
|
|