Famous High Volume Breakfast and Lunch Deli

Not Disclosed, TX
Tarrant County

Fort Worth


Asking Price: Annual Revenue:
$1,290,000 $1,574,697

Food & Beverage: Miscellaneous


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RE: Famous High Volume Breakfast and Lunch Deli Broker: Moon Kim
License #: 567204

Quick Facts

Asking Price: $1,290,000
Annual Revenue: $1,574,697
Net Profit: Not Disclosed
Cash Flow: $439,701
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 19
BBN Listing #: 344919188
Broker Reference #: 001087

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Business Overview:

24-Year established breakfast & lunch deli in Fort Worth is now available for acquisition. The deli shop was originally established in 1997 by the current owner. This business, occupied in a 2,850 Square Feet of a retail strip center, is located in a busy intersection which is a couple of blocks away from the well-known university of this city. This university reportedly has over 10,000 students, which attracts tremendous traffics to the immediate market area. Currently, this business is fully staffed with 19 employees, including a general manager that takes care of day-to-day operation while the owner involves in higher management duties, mainly overseeing all back-office activities of the business outside the general operation. This business offers a variety of quality foods such as pancakes & waffles, egg benedicts, breakfast tacos & burritos, Tex-Mex breakfast, etc. for breakfast, and wraps, salads, chicken, hot & cold sandwiches, bagel sandwiches, burgers, kid’s menu, etc. for lunch with tons of customizing options to accommodate all kinds of customer preferences. All menus are made with a recipe that has been perfected for over 2 decades. Competition is expected for this type of business industry, but this business has built a strong customer base for the last 24 years, which consists of many regular loyal customers. Most of the customers are middle to high-class individuals and families of all ethnicity from the surrounding densely populated residential neighborhoods, as well as students and catering customers from nearby hospitals, corporate offices, universities, etc. Gross sales of this breakfast and lunch cafe well known in this town have remained very consistent for an astonishing 20 years running at around $1.4-1.5M per year and stayed resilient even throughout the Pandemic. The number includes dine-in sales, carry-outs, 3rd party delivery, and catering. There are many ways to proactively market this business. Particularly, online-based marketing such as social media outlets, email marketing, web-based advertisements, direct mailing, coupons, and specials, etc., will bring a new set of customers and contribute to the continued success of the business. This business has great potential because this business is located in the hub of the central business district in Fort Worth, which attracts tremendous traffics to the immediate market area. Acquisition of this high volume breakfast & lunch deli will give a new owner access to a well-established restaurant with considerable cash flow business and a solid customer base built for more than 2 decades that can be further expanded to its full potential thru pro-active marketing and by tapping into new business opportunities.

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Property Features and Assets:

This business is located in a 2,850 Square Feet space of a retail strip center next to an intersection surrounded by densely populated residential areas and many retailers with tremendous foot traffics. The restaurant is located in a couple of blocks away from the reputable university of the city where reportedly about 10,000 students attend. Major equipment is in excellent condition and in great working order. / Inventory: $15,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: Competition can be expected for this type of restaurant, but this business serves a wide range of deli foods with superior products in quality compared to nearby restaurants. Growth and Expansion: Marketing is very minimal to none, and marketing for the catering business is the key to further growth of this business.

Reason for Selling:

Retirement

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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