Restaurant Asset Sale Ready For Any Concept

Not Disclosed, TX
Collin County

North Dallas

Asking Price: Annual Revenue:
$110,000 Not Disclosed

Food & Beverage: Miscellaneous

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RE: Restaurant Asset Sale Ready For Any Concept Broker: Kevin Chung

Quick Facts

Asking Price: $110,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: Not Disclosed
BBN Listing #: 390919188
Broker Reference #: 000932

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Business Overview:

Fully equipped and turn-key restaurant facility with new equipment in one of the hottest Asian shopping centers in NorthDallas is now available for an asset sale. This business was established in early 2018 and has maintained the equipment impeccably since the inception of the business, but currently, the business is not in operation. This business is occupied in a 1,845 Square Feet space of retail strip center featuring with a well-built interior that is conveniently located just off of the major highway and is anchored by one of the largest Chinese-American supermarket chain which is surrounded by enormous presence of retail business, restaurants, as well as densely populated residential area with consistent heavy traffics. Demographics of the area within the immediate market area are a well-mix of individuals and families that hold an ample amount of disposable income as well as making a combined household income that is higher than the standard wage. The area that the business is located is well known for one of the hottest shopping centers for Asian community and other groups of ethnicities, which brings tremendous foot traffic to the area and Asian community is rapidly growing in the area which can be a good advantage for building a solid customer base no matter what type of restaurant this location will be converted into. The next owner will have to totally convert the concept and be more proactive in local and online marketing to create more exposure and acquire new customers from the untapped areas of the city. This prime location facility has a lot of potential with the right concept and with aggressive marketing and is perfectly suitable for the next buyer who wishes to start a restaurant business with minimal investment in equipment and build-out.

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Property Features and Assets:

This business is located on the corner of the retail strip in a prime location anchored by one of the biggest Chinese-American supermarket chains, well-known bakery, and other Asian restaurants and businesses. This business is located in one of the fastest-growing Asian communities and just off the highway for maximum foot traffic and exposure. The kitchen is big enough to handle any type of food and volume and all equipment and furniture are less than few years old and in excellent condition and in working order. / Inventory: Not Disclosed.

Market Competition and Expansion:

Competition: Competition is dependent on the type of restaurant this business is converted into. Growth and Expansion: Once a new concept is in place with the right marketing, the size of this facility should provide large potential revenue from the nearby area.

Reason for Selling:

Other 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.

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