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Business For Sale

Fine Dining Restaurant

Dallas County, TX

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$135,000
$360,000
Not Disclosed
$36,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2005
5
244619188
Owner Financing is Available!
Owner will finance to qualified buyers with 50% cash down.

Business Overview:

Upscale, elegant and authentic fine dining specializing in Ethiopian and Italian dishes is available for sale. Established in 1991 and moved into current location in 2005, the restaurant is the oldest Ethiopian restaurant in Dallas. The restaurant serves premium quality dishes to its customers and has been placed in D Magazine thereby drawing a number of high-end customers including celebrities. Gorgeously built-out interior brings elegant dining atmosphere to the restaurant that a lot of loyal customers enjoy to dine-in.

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:

Occupied in a 3,760 square feet, it can take up to 150 people. The restaurant has a full bar as well. Also, it has dance floor equipped with musical devices for hosting party/events such as wedding. • Furniture, fixture and equipment: $100,000 (Included in listed price). • Inventory: $5,000 (Included in listed price).

Market Competition and Expansion:

• Competition: No direct competition found in this area. • Growth and expansion: Conversion to other type of fine dining that is more popular and has more demand would bring a dramatic sales increase considering this location being called the best in Dallas for dining.

Reason for Selling:

Other opportunities

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.