Classic American Burger

Not Disclosed, TX
Tarrant County

West Dallas


Asking Price: Annual Revenue:
$325,000 $700,000

Food & Beverage: Miscellaneous


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RE: Classic American Burger Broker: Moon Kim
License #: 567204

Quick Facts

Asking Price: $325,000
Annual Revenue: $700,000
Net Profit: Not Disclosed
Cash Flow: $165,000
Total Debt: Not Disclosed
FF&E: $70,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 8
BBN Listing #: 745419188
Broker Reference #: 001132

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Business Overview:

A beloved free-standing, old-fashioned, fast-food burger spot in West Dallas has been listed for your acquisition. This establishment, which has been operating in the same location for 17 years, encapsulates the feeling of classic American burger diners. With an awning that extends over the length of the drive-thru and its bright exterior paint, this burger joint is quickly recognizable and has the charm to become a local favorite. The brightly colored pylon sign also makes this spot easily identifiable from afar. The interior style is reminiscent of humble Americana and has been renovated by the current owner within the past three years. The building is 1,800 Square Feet sitting on a 16,250 Square Feet plot of land. Since this establishment is nestled inside a high industrial area, the customer makeup consists of local contract workers from surrounding warehouses and manufacturing facilities. Many blue-collar workers from a myriad of ethnicities frequent this spot for a quick and satisfying lunch. However, this establishment is not limited to lunch and serves a full menu of breakfast food, salads, burgers, sandwiches, ice creams, and shakes from 7AM to 9PM. Without any true competitors from the surrounding vicinity, this old-fashioned burger spot has dominated the area and has sequentially formed a healthy pool of customers.

Gross revenue in 2020 exceeded $600,000 even amidst a 45-day shut down due to covid. In 2021, gross sales are on track to exceed $700,000. This upward trend is primarily due to the popularity and accessibility of drive-thrus. Throughout the pandemic, to-go and drive-thru sales have exponentially increased, and this establishment is no exception. Currently, there is a very minimal amount of marketing being done. There are many ways to proactively market this business, such as direct mailing, flyers, social media outlets, coupons, daily specials, etc. There is also a vacancy in the use of 3rd party delivery services such as Grubhub, Door Dash, and Uber Eats, etc. This could prove to be a quick and easy boost in sales that the new acquiring owner should seriously consider. The current owner is willing to train the new owner until the new owner completely grasps the business. If you are looking for a well-established, independently owned restaurant with a solid customer base, this listing is an excellent opportunity.

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Property Features and Assets:

This business in a 1,800 Square Feet space of free standing building is located next to an intersection surrounded by heavy industrial area as well as densely populated residential neighborhoods. The restaurant features a convenient drive-thru, and all equipment is in good condition. Inventory: $3,000 (Included in listed price).

Market Competition and Expansion:

Competition: There are no direct competitors within the immediate market area. Growth and Expansion: Minimal marketing is done and proactive marketing methods are needed to fully utilize to achieve maximum income potential. There is also a vacancy in the use of 3rd party delivery services such as Grubhub, Door Dash, and Uber Eats, etc. This could prove to be a quick and easy boost in sales that the new acquiring owner should seriously consider.

Reason for Selling:

Owner is looking to 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.

Documents:

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