*Wow* Great Bar & Restauraunt-Steal-Owner Retiring

Dallas, TX

Just South of Dallas


Asking Price: Annual Revenue:
$69,500 $671,973

Food & Beverage: Restaurants, Fast Food, Deli


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RE: *Wow* Great Bar & Restauraunt-Steal-Owner Retiring Broker: Seller of Business

Quick Facts

Asking Price: $69,500
Annual Revenue: $671,973
Net Profit: $65,827
Cash Flow: $65,827
Total Debt: Not Disclosed
FF&E: $110,000
Real Estate: TX
Year Established: 7
Employees: 15
BBN Listing #: 889635290
Broker Reference #: 200610

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Business Overview:

PEOPLE’S CHOICE-- # 1 BURGER PLACE IN THE CITY

This is an offer that you have never seen the likes of before! You MUST CHECK this out! It is a one of a kind!

The price is not wrong; YOU GET IT ALL FOR $69,500. Equipment, furniture, fixtures, everything here goes with it. The price even includes first months’ rent and security deposit. This business was valued at over $300,000.

The business was making great money, is super popular, and well known in the area. Due to owners’ situation, it recently shut down. It is being offered to THE FIRST COME! The information in this is based on information that was in effect approximately a month ago. It is closed at the moment, but could be in full operation within 48 hours.

Here is a true Flair and Taste of True Texas Flavors, Hospitality, and just plain ole Fun!

This business is located on the BUSIEST STREET in the City. It is in a great area, close to major highway and near a Walmart and many other name brand volume businesses. The Outside has that Easy on the Eye look, warm and welcoming, with plenty of parking that is convenient and easily accessible.

This is the Recognized as “Best Burger in Town”. The food sales make up 80%of the business and 20% is alcohol.

The Décor is true Texas, cowboy, homey, feel at ease feel. It is easy on the pocketbook and draws a super nice clientele.

The Food is wonderful and here are some of the items offered:

• ½ lb. Angus Burgers
• Home Cut Fries
• Fresh Cut Onion Rings
• Fried Jalapenos
• Burger Slides
• Fresh Chicken Fried Steak
• Fresh Chicken Fried Chicken
• SOS Breakfast
• Sweet Cream Pancakes

For those that don’t have long for Lunch or are in a rush to get home, they can call in an order to go.

There was a decrease of sales of approximately $140,000 due to stopping Breakfast and Happy Hour discounts. IT is STRONGLY RECOMMENDED that a new owner adds the Breakfast back and reduces beer promotions.
There are Great promotions, such as live music on Saturday nights, daily food specials, karaoke on Fridays, drink specials, and lots of super events that can increase revenue.

TO HAVE YOUR DREAM-SOLID MONEY-THIS IS THE PLACE!
YOU DO NOT WANT TO MISS SEEING THIS!

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This property is exactly what it should be for this business. It is approximately 2,350 square feet and the rent is $5,429 per month (includes all CAM). The lease is good till 8-31-2022 and has a 5 tear renewal option. The price includes the security deposit and first months’ rent!

Market Competition and Expansion:

Competition: There are some restaurants in the area, but none like this Growth Potential: This business could BOOM with more advertising, local promotions, social media, etc.

Reason for Selling:

Retire

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.

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