Highly Profitable Restaurant with Real Estate

Not Disclosed, TX
Collin County

Asking Price: Annual Revenue:
$199,000 $624,169

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Highly Profitable Restaurant with Real Estate Broker: Saleem Marwat

Quick Facts

Asking Price: $199,000
Annual Revenue: $624,169
Net Profit: Not Disclosed
Cash Flow: $138,378
Total Debt: Not Disclosed
FF&E: $39,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 8
BBN Listing #: 536650077
Broker Reference #: 41041-663539

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Business Overview:

This is a high volume & well-established restaurant that has been serving customers in McKinney, Texas for several decades. The restaurant is being offered for $199,000 & the real estate can be purchased for $599,000. With long history and deep roots in the community, customers keep coming back for the high quality food and service that this restaurant offers.

This restaurant has a great menu of burgers, sandwiches, salads, hot dogs, tacos, burritos, wraps, wings, chili, soft drinks, shakes, and desserts. Customers can walk-in or order their food online and pick-up at the requested time.

The restaurant has very reasonable working hours and it is closed on Sunday. Despite reduced hours, the restaurant has consistent gross revenue between $50,000 and $60,000 every month.

In addition to the restaurant business, the commercial real estate is also available for sale. Gross land area is 18,400 square feet and covered area is 2,160 square feet. The property sale includes another shop on the premises which is generating $1,200/month rent for the landlord.

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Property Features and Assets:

This is a well-established restaurant in the city of McKinney. The current owner bought the business and real property in early 2019 but can’t pay the required attention to this business due to full-time job. The revenue of the business has stayed steady through the last transition.

Market Competition and Expansion:

While there are other restaurants in McKinney but due to its long history, great tasting menu items, customer service, and unique take-out-only model, customers keep coming back to this restaurant. Location of this business also offers unique opportunity to commercial real estate investors who can get two potential rental income streams from the property or develop newer structures on it. Potential Growth: This business and real estate deal offers unique opportunity to the buyer to own a thriving restaurant business and also own a highly sought after commercial real estate in McKinney. The current owner is doing minimal marketing and can’t pay attention to this business due to full-time corporate job responsibilities. New owner can increase the advertising footprint to increase revenue.

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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