Business For Sale

Eastern European Spa and Restaurant #000624

Not Disclosed, TX
Denton County

North Dallas

Asking Price: Annual Revenue:
$125,000 $353,878

Food & Beverage: Miscellaneous

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RE: Eastern European Spa and Restaurant #000624 Broker: Kevin Chung
License #: 567204

Quick Facts

Asking Price: $125,000
Annual Revenue: $353,878
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 6
BBN Listing #: 342819188
Broker Reference #: 000624

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Business Overview:

Prime location Eastern European restaurant and sauna is available for acquisition. This business was originally established over a decade ago in 2007 and was later acquired by the current owner of the business in 2015. Most of the customers are middle-class individual with many young males coming in for the sauna and families for the restaurant that all live in the surrounding densely populated residential neighborhoods. Consistency of customers coming to the business is common place as this business has many loyal repeat customers that have been built over the last decade. Net sales in 2017 were $327,000 that has significantly increased throughout the last couple of years since the acquisition by current owner as the business is gaining more exposure through their online website and word of mouth. By remodeling the outdoor patio to accommodate more patrons and by utilizing suites to offer additional services such as massages, facials, beauty treatments, etc. can definitely have positive impact on overall sales and reputation of the business. Although some marketing has been utilized through online and word of mouth, other forms of proactive marketing is needed to keeping expanding the business while also reaching out to new customers in the untapped areas of the business location. There are no competitors within the immediate market of this business that does both services within one business such as this Eastern European restaurant and spa. There are many ways to proactively market this business such as direct mailing, social media outlets, online coupons, door hangers and placing a manager to operate the business. Having a manager in place will greatly benefit this business since the full-time owner can easily spend the extra time to proactively market this business through many outlets. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

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Property Features and Assets:

This business is located in a 10,108 Square Feet retail strip center with a sauna and restaurant placed within the facility with many other retail businesses as well as an extremely busy intersection. / Inventory: $3,000 (Included in listed price).

Market Competition and Expansion:

Competition: There are no competitors within the immediate market area of this business. / Growth and Expansion: Some marketing is in place which is done online, but other proactive marketing methods needs to be utilized to generate more cash flow and acquire new customers.

Reason for Selling:

Other Business Opportunities.

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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