Owner Financing is Available!
Business Overview:
MegaBite Restaurant Brokers, LLC offers, for your ownership consideration, a quick service Mexican dine-in and drive through free-standing restaurant serving the northwest Dallas area. Established June 2009, they offer a wide selection of breakfast tacos served all day. The lunch/dinner menu offers fast food style authentic Mexican dishes that are served in the nice dining room and drive through. The owner is absentee. The business is well-established and needs hands-on ownership to drive sales and profits. The location was originally built as a free-standing restaurant by an owner without food experience. The owner was unwilling to work his restaurant business and re-leased the location into another concept. The location has been 4 different concepts in 2 years yrs. During spring 2009, the current owner remodeled the building into the current concept. He has created a very appealing fast food dining and drive through restaurant serving good-tasting food. The business has a solid lunch and increasing dinner business. Both will benefit from increased promotion. The owner is operating another restaurant. Price $80,000: $45,000 down plus $35,000 seller financing (payments $710 per month) or $60,000 ALL CASH PRICE including FF&E of $45,000 and inventory of $2,200
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 restaurant occupies 2,100 Square Feet in a free standing building seating 64 with drive through. Rent approximately $3,500 including NNN. Lease expires approximately June 31, 2012 with 3 year option. 58 parking spaces. Layout: nice L-shaped dining room, Kitchen area contains great work space, with "like new" equipment, approximately 6'x8' walk-in cooler and walk-in freezer being used but works), reach-in freezer, prep area, dry storage and 3 compartment sink. 2 restrooms. The facility is well-designed, functional and eye appealing.
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 1 Hands-on Owner/operation, 2 Enthusiasm , 3 Make the building more visible, 4 Target Local advertising and marketing, 5 Add Beer and margaritas, 6 Manager who speaks English well
Reason for Selling:
The owner is operating another restaurant.
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.