Business For Sale

Home Style Casual BBQ Joint

Not Disclosed, TX
Dallas County

Southwest Dallas

Asking Price: Annual Revenue:
$80,000 $579,567

Food & Beverage: Miscellaneous

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RE: Home Style Casual BBQ Joint Broker: Kevin Chung

Quick Facts

Asking Price: $80,000
Annual Revenue: $579,567
Net Profit: Not Disclosed
Cash Flow: $161,544
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2005
Employees: 5
BBN Listing #: 181719188
Broker Reference #: 000651

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Business Overview:

Prime end-cap location casual southern BBQ joint placed near a major highway and intersection is available for acquisition. This business was originally established over a decade ago in 2005 by the current owner of the business. Most of the customers are middle-class individual of all ethnic groups that mostly order take-out that live within the nearby densely populated residential neighborhoods and employees looking for a quick meal. Placement of this business is very optimal as it is placed at the end-cap of the retail strip center facing a major highway that brings immense traffic to the area during lunch and dinner hours as well as being anchored by a well-known local beauty supply store that is the largest in the area. When owner was fully involved in the past, the average monthly sales were $70,000, but due to personal reasons, the owner had been absent for last 4 years and because of mismanagement from lack of industry knowledge, the sales decreased drastically. Since the owner took over in May 2017, he has brought up the sales to $1,500-$2,500/day and the sales have been consistently growing since the owner's full time involvement. Although no marketing is currently in place, other proactive marketing methods can be utilized to help this business grow in sales and acquire new customers from the untapped areas of the city. Competition is expected for this business industry, but other competitors are known to have a higher price point and lack of portion sizes compared to this business. There are many ways to proactively market this business such as direct mailing, daily specials, delivery service, 3rd party delivery service, social media outlets, coupons, family deals and hiring additional staff. The business is closed 2 days of the week due to lack of staff and because the owner is putting too many hours and is burned out and with full staff and motivated owner to spend more time in the business to open 7 days a week will definitely increase overall sales. This business has everything in place for a potential buyer with industry knowledge to proactively market this business while being fully involved in the day-to-day business operations.

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Property Features and Assets:

This business is located in a 1,200 Square Feet retail strip center end-cap that is widely visible to the traffic as well as being optimally placed next to numerous densely populated residential neighborhoods. All equipment is in impeccable condition and in working order. / Inventory: $3,000 (Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but this business provides a more affordable price point for the quality of the products and is more visible to the traffic compared to the competition. / Growth and Expansion: There is currently no marketing done to proactive spread the existence of this business within the local area.

Reason for Selling:

Other Opportunities / Relocation.

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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