Fast Growing, Profitable Frisco Texas Restaurant!

Not Disclosed, TX
Collin County

Collin County

Asking Price: Annual Revenue:
$899,999 $1,791,138

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Fast Growing, Profitable Frisco Texas Restaurant! Broker: Thomas Foster

Quick Facts

Asking Price: $899,999
Annual Revenue: $1,791,138
Net Profit: Not Disclosed
Cash Flow: $332,249
Total Debt: Not Disclosed
FF&E: $51,550
Real Estate: Not Disclosed
Year Established: 2012
Employees: 30
BBN Listing #: 2004955
Broker Reference #: 6001-14588

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Business Overview:

This locally owned restaurant is located in an historic downtown area in Collin County Texas. The location is central to a rapidly expanding population and infrastructure. The owners have carefully and tastefully built a successful business by developing an outstanding wine assortment, a delightful matching food menu and a relaxing, rustic indoor/outdoor atmosphere complemented by outstanding live music. Their live music has been rated #1 in the local area. Their business was recognized in 2017 as the business of the year in their community. They are open six days a week for lunch and dinner. The success of this restaurant is founded on their attention to detail, commitment to customer service and the consistent approach to being the best every day. This restaurant is approaching $2 million in revenue and will continue to grow with new owners if they follow the same blueprint established by the current owners.

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Property Features and Assets:

The business is located in a leased building of 1,400 square feet and a total of 3,000 square including the outside space. New buyers can negotiate a new lease with the landlord. Kitchen equipment has been upgraded to service the menu and growing traffic. New fixtures for table and chairs. Interior has been upgraded and expanded to create a rustic, quiet atmosphere. Propane fire pits have been added for outdoor comfort in the colder months.

Market Competition and Expansion:

High competition in this growing area in Collin County. Over 50 new restaurant establishments have opened since 2016. The balance to that is the rapidly expanding population growth and infrastructure which is bringing more families and employees to the area. The key is understanding your targeted customer and keeping your restaurant focused on their enjoyment. The current owners have done an outstanding job of this. Expansion of lunch business, parking facilities in the back of lot will allow for easier customer access and more community marketing.

Reason for Selling:

Business interests that require their time.

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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