Ideally Located Authentic Restaurant

Richardson, TX
Dallas County


Asking Price: Annual Revenue:
$225,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Ideally Located Authentic Restaurant Broker: Asif Khan
Owner Financing is Available!

Quick Facts

Asking Price: $225,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 5
BBN Listing #: 206150077
Broker Reference #: 41041-64499

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Business Overview:

This restaurant is DFW’s first Dedicated Authentic Mediterranean Restaurant. The food at this restaurant is highly rated by Dallas Observer. Restaurant is famous for its Chef taking the cuisine and culture of the homeland to the next level with breathtaking recipes and delicious dishes.

Due to its great service and location, the sales and profitability have been increasing. The current owner has multiple business in USA + Overseas and would like to hand over this business to an energetic buyer who can continue the success of this business or can change to another restaurant type.

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Property Features and Assets:

The restaurant was opened in mid-2018. Restaurant is surrounded by excellent traffic flow and residential communities. Very close to Texas Instrument, Richland Community College, Kroger and busy shopping strip. The Business has almost everything Brand New and kept very well and clean. Beautifully custom built out. Does have its Own Pitta Bread Oven machine, Brand New Grease Trap with 1000 Gallons capacity. 2,000+ Square Feet with 1,000 Square Feet sitting area. State of the art POS system in place. Established delivery through Grubhub, Uber Eats, DoorDash and Caviar Ideal deal for E-2 Immigration visa seeker. Long Term Lease is in place (10 years – Option 10 years).

Market Competition and Expansion:

There are several apartment complexes and residential communities around this restaurant, and customers keep coming back to this shop. Increasing sales and profits are a clear testimonial to the success of this restaurant. Potential Growth: Current owner has not done much marketing or created any significant online presence. A new owner can significantly increase revenue by focusing on these areas. The revenue can be increased if new owner can introduce popular fast food items like hamburger, chicken sandwich etc.

Reason for Selling:

Health

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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