Business Overview:
This specialty restaurant opened in May, 2011 and has shown strong sales since its opening. The company’s product sales are primarily high end hot dogs, fried and grilled chicken and other comfort foods. Owner believes that additional opportunities exist in the El Paso market with this concept and would like to franchise this concept making this store the flagship store. Business hours 10 am to 9 pm Monday to Saturday, 10 am to 6 pm Sunday. 3 part time employees. Sales and EBITDA are projected from the company’s first 3 months of operation. “The Seller has listed this business strictly as an asset transaction. This is not an offering to sell securities. This is not a solicitation to sell securities.” For more information, please contact Tom Given.
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:
1,200 square feet approximately $2,500 per month. Lease expires 2017. The company is located in a growing high traffic mall in central El Paso.
Market Competition and Expansion:
This mall is growing in customer visits and this restaurant should benefit from the growth in mall traffic. Current owner is absentee and he believes that significant additional growth in sales and profits would be likely with an owner more involved in day to day operations. In addition, the current owner recommends that the new owner expand by advertising and by adding other locations.
Reason for Selling:
Seller does not have time to manage this business.
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.