Seller's Contact Information
- RE: Open Mall Location Franchise BBQ Restaurant
- Contact: Stephen Lee
- License #: 567204
Quick Facts
| Asking Price: | $99,000 | |
| Annual Revenue: | $300,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $60,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $150,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 7 | |
| BBN Listing #: | 310919188 | |
| Broker Reference #: | 000992 |
Business Overview:
Prime open mall location franchise BBQ restaurant in West Dallas is available for acquisition. This business was established by the current owner in 2019. This business is occupied in a 1,870 SF space of an open mall that is surrounded by numerous apartment complexes and corporate businesses that bring tremendous traffic to the area. Various menu items are provided at this franchise BBQ restaurant that ranges from smoked meats, sandwiches, ribs, wings, kid's meals, desserts, and various sides and drinks to accommodate each entree. Competition is expected with other types of restaurants, but this is the only restaurant serving barbeque in this open mall. Overall demographics of this BBQ restaurant are individuals from surrounding area and office employees that visit the mall during their lunch hours. Gross sales average for this sub shop has been in approximately $300,000/year coupled with some marketing. Although some marketing is in place by corporate through their website and social media outlet, more of store-level proactive marketing methods such as flyers, direct mailing, emailing, student discount, loyalty program, etc. need to be utilized to achieve maximum income capacity as well as growing the customer base beyond the immediate market area. Starting a 3rd party delivery service such as Grubhub or Door dash to the local area will boost the sales by reaching out to customers within untapped areas of the business. Marketing efforts on catering service to corporate offices and headquarters nearby and medical offices can also greatly improve the sales as a catering business still remain under-served. 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 operation.
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Property Features and Assets:
This business is located in a 1,870 SF space of an open mall that is surrounded by numerous apartment complexes and corporate businesses that attract immense traffic. / Inventory: $4,000 (Not Included in listed price).
Market Competition and Expansion:
Competition: There are no competitors within the immediate market area. / Growth and Expansion: Some marketing is in place through corporate ADs, but other proactive marketing methods needs to be fully utilized to generate more revenue.
Reason for Selling:
Other Opportunities
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity
Documents:
Relevant Links:
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