Allen texas-Fastest growing suburb

Allen, TX
Collin County

Great location high traffic


Asking Price: Annual Revenue:
$350,000 $503,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Allen texas-Fastest growing suburb Broker: Thomas Lutes

Quick Facts

Asking Price: $350,000
Annual Revenue: $503,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: 12
BBN Listing #: 901157006
Broker Reference #: Not Disclosed

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Business Overview:

The Business: • The business is a regional Large Pizza restaurant in the fast growing city of Allen, Texas. • The business serves all of the surrounding areas and other parts of the Dallas, Ft. Worth metroplex. • The business employees approximately 12 full time and part time employees. • The business has been established over 3 years and is owned by absentee ownership. • This restaurant has an established customer following and a good social media presence. • The company has created a business that exceeded $500,000 in gross sales 2017 and 2018.

The Transaction: • The Buyer has the opportunity to purchase the assets of the company and the goodwill, contracts and brand established. • The total asking price is $350,000. • The total FF&E asset value of the business is approximately $80,000. • The owners have conflicting interests and wish to sell. • The business currently is operated absentee and managed with a management team. • The owner is willing to assist in transition training.

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Property Features and Assets:

3,000 square feet great interior finish.

Market Competition and Expansion:

Minimal.

Reason for Selling:

Conflicting business.

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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