Upscale, profitable Restaurant in Frisco, Texas.

Not Disclosed, TX
Collin County

Asking Price: Annual Revenue:
$599,999 $2,095,884

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Upscale, profitable Restaurant in Frisco, Texas. Broker: Donald Wendel

Quick Facts

Asking Price: $599,999
Annual Revenue: $2,095,884
Net Profit: Not Disclosed
Cash Flow: $253,873
Total Debt: Not Disclosed
FF&E: $13,441
Real Estate: Not Disclosed
Year Established: 2004
Employees: 20
BBN Listing #: 67184955
Broker Reference #: 6001-13741

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Business Overview:

Classic, long standing neighborhood bistro setting in a friendly, casual atmosphere that has a devoted following with locals and frequent visitors. Located in an upscale retail shopping center in a rapidly expanding community in Collin County, this restaurant is noted for it's baked goodies, desserts and classic French entrees. There are several positives for a new owner:
1. Experienced general manager in place that will stay on with the sale.
2. A portion of this restaurant was newly refurbished in 2016.
3. The current owner is wiling to finance a minority portion of the sale price for the right buyer.
4. Current owner will work with a new owner on a smooth and orderly transition.

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Property Features and Assets:

A leased commercial space in a retail shops location. The restaurant has been located here since it opened in 2004. The retail shops center continues to grow and add tenants as the community has expanded around with commercial buildings and residential homes. Assets: $697,328

Market Competition and Expansion:

Competition in this growing Collin County community is very aggressive with new restaurants opening every year starting in 2016. New developments for retail, commercial and residential projects will increase population, traffic and see more restaurants opening. New growth opportunities lie in expanding marketing to the surrounding growing communities, to hosting more catered events and private dining events. The higher wealth of the Collin County community can support newer, upscale food and drink selections.

Reason for Selling:

Other business interests.

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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