Homestyle American Eatery

Not Disclosed, TX
Collin County

North Dallas


Asking Price: Annual Revenue:
$599,000 $1,327,335

Food & Beverage: Miscellaneous


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RE: Homestyle American Eatery Broker: Stephen Lee
License #: 567204

Quick Facts

Asking Price: $599,000
Annual Revenue: $1,327,335
Net Profit: Not Disclosed
Cash Flow: $228,995
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2004
Employees: 27
BBN Listing #: 350319188
Broker Reference #: 001192

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Business Overview:

A Texas-themed, community restaurant with a full bar in a fast-growing city in the North area of Dallas is available for acquisition. The previous owner established the business in 2004, and it was later acquired in 2013 by the current owner. Various menu items provided at this southern-style restaurant range from appetizers, salads, brunch, burgers, sandwiches, Tex-Mex, and homemade pies. Most of the customers are middle to upper-class individuals and families from nearby densely populated residential neighborhoods, and the restaurant has accumulated a solid repeat customer base for its 18 years of operation. The gross sales of this American restaurant have doubled from $600k to over $1.3mil from the years 2018 to 2021 and are projected to keep growing as the area keeps growing. Although there is some competition in the area, the restaurant concept has resonated with the locals and customers from the surrounding areas nearby. Marketing in the local area through events and promotions has brought the local community to support this business as a stable in the area. Additional marketing in the local area will allow this business to grow further and thrive in the current marketplace. This restaurant is a perfect opportunity for restaurateurs who loves to be part of a growing community and enjoy making friends while serving great food and beverages.

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Property Features and Assets:

This business is located in a 3,255 Square Feet space of a Retail Strip Center in a fast-growing city North of Dallas with huge population growth. / Inventory: $4,000 (Included in listed price).

Market Competition and Expansion:

Competition: There are few competitors in the area but the area the business resides in is growing very rapidly. Growth and Expansion: This business will have a very natural organic growth due to the rapid expansion of the area and residents moving in, along with adding catering orders and hosting additional events.

Reason for Selling:

Other business opportunities.

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.

Documents:

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