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Business For Sale

Family SportsBar & Restaurant Frisco

Frisco, Denton County, TX

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$325,000
$1,024,406
Not Disclosed
$50,586
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2004
26
85718963
Owner Financing is Available!
Price $390k: $130k down and $260k seller-financed or $325k ALL-CASH PRICE

Business Overview:

MegaBite Restaurant Brokers, LLC offers, for your ownership consideration, a family sports bar & restaurant that boasts the best wings in Texas along with burgers, ribs, catfish, healthy alternatives and a great atmosphere. Located in Frisco, Texas, this well-established business offers family-friendly value and service. The facility can be adapted to any concept and offers an under-utilized covered outdoor patio for smokers. The business needs an energetic owner-operator who wants to pursue many existing growth and cost-reduction opportunities. The business is convenient to Frisco, Plano, Lewisville, Little Elm and The Colony. Major activity generators in the area include shopping center traffic, Pizza Hut Park Soccer Stadium, Blue Sky Soccer Complex, Warrne Sports Fields and city sports complexes.

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:

The space consists of a large main dining room, game room, large bar with walk in cooler and seating area with a large outdoor patio. The patio can seat up to 50 with total indoor seating of 244. Kitchen area contains great work space, walk in cooler and walk in freezer, prep area, dry storage, 3 compartment sink. There is an office space and 2 restrooms. The business occupies a approximately 5,000 Square Feet end cap of a strip center with national retail anchors. Total rent is approximately $12,302 with a 5 year lease expiring approximately April 31, 2014 plus 5 year option

Market Competition and Expansion:

This is a strong location with excellent potential. A new owner can continue to grow the business and profits in several ways: Improve food cost management; Add seating and curtain the patio for year around use; Develop the patio for use by smokers; Add pizza oven and add quality pizza to menu; Eliminate free kids meal; Promote bar business ; Advertise 18 beer taps with enclosed outdoor patio seating; Local Store marketing ; Sponsor local teams including businesses, sports organizations and schools

Reason for Selling:

Relocation

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 not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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