Owner Financing is Available
Business Overview:
Hamburger, fast food franchise, mall location in high income N. Dallas Suburb. This 800 square foot facility is located in a well established mall, within the food court, surrounded by several other national credit restaurants. This restaurant currently does over approximately $675,000 in sales with a tremendous sales figure of over $800 per square foot!
This restaurant was opened four years ago and has been successful from day one. The business as currently operated would net a hands-on owner close to $90,000. However, it could grow substantially as the sales increase and has a hands-on owner/operator manages the food costs and labor expense. The current owner has over $350,000 invested in this concept, including over $170,000 in initial leasehold improvements and over $180,000 in furniture, fixtures and equipment. In prior years the sales figures were similar to 2006 and 2007, yet discretionary cash flow was often in the $150,000 range due to superior management of the food and labor costs. This opportunity is priced at only $374,999. This is a unique situation as it is located within a food court of a popular mall, and therefore the restaurant enjoys a “captive audience” and repeat patrons. Franchise must have minimum liquid net worth of $500,000.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
This 800 foot, food court, mall restaurant is clean and well maintained, with all of the necessary equipment to operate. 800 square feet with ample community seating available for diners. The income of the surrounding population is one of the highest in Dallas.
Market Competition and Expansion:
Competition: Normal competition.
Growth and Expansion: This business could enjoy significant sales and profit gains in the years ahead with a renewed marketing and sales campaign, overhaul price points and minimizing the food and labor costs via a hands-on owner/operator.
Furniture, Fixtures & Equipment: $61,000 (included in price).
Inventory: $3,000 (included in price).
Reason for Selling:
Other ventures.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.