High Volume Fast Food With Consistent Growth

Not Disclosed, TX
Gregg County


Asking Price: Annual Revenue:
$695,000 $485,099

Food & Beverage: Restaurants, Fast Food, Deli


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RE: High Volume Fast Food With Consistent Growth Broker: Jeff Petersen

Quick Facts

Asking Price: $695,000
Annual Revenue: $485,099
Net Profit: Not Disclosed
Cash Flow: $146,194
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1974
Employees: 7
BBN Listing #: 611656926
Broker Reference #: 88882-976976

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Business Overview:

This listing is for a high volume fast food concern with a great location. This restaurant is NOT a franchise so there is no outside interference and no royalties to pay. Top line and bottom line revenues have risen year-over-year consistently for the 30 year history of this business. It is located in the perfect place to take advantage of a huge lunch crowd, drive through customers heading home for the day and significant traffic on Friday and Saturday. This business is a local institution and will continue to be for decades to come.

The real estate, equipment, building and name are all to be conveyed at closing.

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Property Features and Assets:

The business was started 45 years ago as a franchise of an existing chain. In 1987 the owners dropped the franchise, the current owner took it over, re branded it to the current concept and it has been operated as an independent restaurant ever since.

Market Competition and Expansion:

There are many other fast food and fast casual restaurants in the area which is typical for this location as it is densely populated with office, commercial and retail establishments. Potential Growth After 33 years of ownership and operation the current owners admit that they do little to promote the business. The fact that revenues continue to grow anyhow points to a potentially larger revenue increase with the proper advertising. There may also be opportunities for growth through menu and/or price changes. This business would also likely work well to be replicated to other locations.

Reason for Selling:

Retiring

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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