Free Standing Old Fashioned Hamburger Joint

Not Disclosed, TX
Collin County

North Dallas

Asking Price: Annual Revenue:
$175,000 $502,215

Food & Beverage: Miscellaneous

Request More Information
Contact the Seller

RE: Free Standing Old Fashioned Hamburger Joint Broker: Kevin Chung

Quick Facts

Asking Price: $175,000
Annual Revenue: $502,215
Net Profit: Not Disclosed
Cash Flow: $110,176
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 1970
Employees: 8
BBN Listing #: 60619188
Broker Reference #: 000786

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

Old fashioned style hamburger restaurant established for over 20 years placed in a prime location of fast growing city is now available for acquisition. The business was originally established as an old national franchise fast food restaurant about 40+ years ago by previous owner and was later acquired by current owner in 1995 as the owners transitioned to the current business concept. This 2,300 Square Feet freestanding building has a built-in drive thru for the restaurant that is conveniently located next to major highway as well as nearby densely populated residential area and small businesses. Most of the customers are low to middle-class Caucasian and well mix of other ethnicity, families and workers from nearby neighborhood and surrounding small businesses as well as from all over the metroplex. Competition can be expected within the immediate market area, but this business serves home-style old fashioned hamburgers superior in quality with inexpensive and affordable price point that also includes a drive-thru for the convenience for the patrons. This business offers third party deliveries as well as in-house deliveries within 10 miles from the business. Although no marketing efforts is in place in the currently other than word of mouth, proactive marketing in various methods is crucial to the further growth of this business in overall cash flow and acquisition of new customers from untapped areas of the city. There are many ways to proactively market this business such as direct mailing, discounts, daily specials, coupons, social media outlets and renovation. Renovation and remodeling of the business are needed as the exterior and interior need more modernized look to attract new set of customers and to bring the facility up to code per city ordinance. The business is still using an old cash register and by upgrading to current POS systems, the business will be run much more effectively and smoothly in terms of keeping up with the sales, customers, drive-thru customer turnaround and overall logistics of the business. Selling alcoholic beverages will greatly boost the sales as the demographic is well suited for alcoholic sales as the average consumer has lots of disposable income. 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 operations.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

This business is located in a 2,300 Square Feet free standing building with drive thru that is next to major highway and nearby densely populated residential area and small businesses. / Inventory: $3,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but this business provides simple and variety of products at an inexpensive and affordable price. Growth and Expansion: There is no proactive marketing in place other than word of mouth for this business. Proactive marketing methods need to be utilized to achieve maximum income potential. Selling Alcoholic beverage would definitely increase overall sales.

Reason for Selling:

Burned out after more than two decades of involvement.

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.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!