Fast Food Mexican Restaurant Inside The Mall

Not Disclosed, TX
Denton County

North Dallas


Asking Price: Annual Revenue:
$99,000 $484,147

Food & Beverage: Miscellaneous


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RE: Fast Food Mexican Restaurant Inside The Mall Broker: Kevin Chung

Quick Facts

Asking Price: $99,000
Annual Revenue: $484,147
Net Profit: Not Disclosed
Cash Flow: $55,491
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 6
BBN Listing #: 378619188
Broker Reference #: 000959

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Business Overview:

A newly converted fast-food Mexican restaurant located in the food court inside the mall in North Dallas is available for acquisition. This location had been operating under a similar concept for more than 10 years and the current owner converted it to the current concept in the beginning of 2019 and the response and sales have been tremendous by the customers since the conversion. This business is located in 1,000 Square Feet space in a food court in one of the busiest, biggest, and premier malls in North Texas that is anchored by many nationwide retail shops, restaurants, and entertainment centers. The mall is conveniently located on the intersection of the major highway and one of the busiest roads in the area, where it is heavily surrounded by an upper-class residential neighborhood and many other businesses and corporate offices and the general area is growing and developing at a very rapid pace. Although this business is located in an upscale area, the visitors come from all over the metroplex and the demographics and income level are very diverse. Various menu items are offered at this restaurant including breakfast tacos, a variety of authentic style street tacos, quesadillas, nachos, salads, bowls, kid's menu, and more. Competition is expected with other types or fast-casual restaurants, but this business is the only restaurant serving Mexican dishes. Since the conversion, the gross sales have been consistent at $44,000/month without too much effort in proactive marketing. Although marketing is in place, various marketing tactics need to be utilized, such as more online and social media outlet presence, 3rd party delivery, direct marketing, coupons, daily specials, etc. to acquire new customers in the untapped parts of the area in the city. Marketing efforts into catering services to schools, corporate offices can also greatly improve sales as the catering business has remained under utilized by the current owner. The owner is minimally involved in the overall operation and spends about 15-20 hours/week at the business and with a full-time owner-operator; the buyer can greatly improve customer service and reduce unnecessary payroll expenses. This is a great opportunity for a buyer to acquire a simple operation restaurant in a premium mall in North Dallas.

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Property Features and Assets:

This business is located in the food court in one of the biggest and premier malls in North Dallas where all kinds of demographics visit the mall regularly from all over the metroplex. All major equipment is in excellent condition and in working order. / Inventory: $4,000 (Included in listed price).

Market Competition and Expansion:

Competition: There are several other fast-food restaurants in the mall, but this business is the only fast-food Mexican restaurant in the food court. / Growth and Expansion: Minimal marketing is done other than its own website and proactive marketing methods are needed to be fully utilized to achieve maximum income potential.

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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