Brand New Equipment Restaurant Ready

Not Disclosed, TX
Denton County

Northeast Carrollton


Asking Price: Annual Revenue:
$120,000 Not Disclosed

Food & Beverage: Miscellaneous


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RE: Brand New Equipment Restaurant Ready Broker: Kevin Chung

Quick Facts

Asking Price: $120,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: Not Disclosed
BBN Listing #: 87819188
Broker Reference #: 000861

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Business Overview:

Fully equipped restaurant with brand new fixture, furniture, and equipment is available for acquisition. This business was originally established by current owner in late 2018 and spent nearly $180,000 for the remodeling and construction from ground up to be finally open for business, but due to personal reasons, the business needs to be sold. Total construction took over 10 months due to having to meet each and every compliance for the city's 2019 code. This business is located conveniently near a major highway and is heavily surrounded by residential neighborhood in all 4 directions. This business will be serving custom made personal pizzas and authentic Thai food. The majority of the demographic surrounding the business is middle age middle income white families and well mix of other ethnicity. This is a great opportunity for any buyers to come in and immediately start operating without having to worry about passing inspections or being up to date with any city codes and ordinances. The buyer has the option to turn this space with brand new fixture, furniture, and equipment into any concept they see fit, start a catering business by taking advantage of the adequate kitchen size and low rent, or further grow the business by proactively marketing this business.

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Property Features and Assets:

This business is located in a 1,600 Square Feet retail strip located next to a major highway and surrounded by single family homes in all directions. All fixture, furniture, and equipment are brand new and most of the kitchen equipment is still under warranty. / Inventory: $2,000 (Included in listed price).

Market Competition and Expansion:

Competition: Currently, this business's concept is gourmet pizza and authentic Thai food, and there are few similar restaurants in the immediate area. Depending on what the buyer may do, there may or may not be any competition. Growth and Expansion: The buyer may operate and grow the current concept or can change the concept to fit their needs in order to exponentially grow the business. Since it is a brand new business, direct marketing, social media, and online marketing are much needed to create exposure.

Reason for Selling:

Relocation

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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