Business For Sale

Seafood & Chicken Restaurant with Drive-Thru

Not Disclosed, TX
Dallas County

Dallas


Asking Price: Annual Revenue:
$125,000 $315,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Seafood & Chicken Restaurant with Drive-Thru Broker: Kevin Chung

Quick Facts

Asking Price: $125,000
Annual Revenue: $315,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1997
Employees: 3
BBN Listing #: 864019188
Broker Reference #: 000701

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Business Overview:

Casual family-run fried seafood and chicken free standing restaurant with drive-thru is available for acquisition. This business was originally established over two decades ago in 1997 by the current owner of the business. Most of the customers are middle-class African-American that consistently come due to the densely populated residential neighborhoods and foot traffic from many other small businesses surrounding this business. Gross sales average was $315,000/year that has consistent over the last decade with the last few years showing an increase in sales without any marketing except word of mouth. Although no marketing is in place to expand the business, other proactive marketing methods within the local area is crucial to the further growth of the business in both customer acquisition and increasing the cash flow of the business. Competition is expected for this type of business, but the competitors menu is limited to one type of cuisine while this business has an expansive menu that offers both seafood and chicken at a very affordable price point than the competition. There are many ways to proactively market this business such as direct mailing, opening on Sundays to serve and cater to-go orders from church members from multiple churches surrounding the business, catering service, utilizing 3rd party delivery service, website, online ordering and replacing the signage in the front of the business with an updated sign. Updating the signage and providing delivery services will immediately help this business in increasing customer acquisition as well as sales due to an ample amount of customers already requesting for delivery services. This business has everything in place for a potential buyer to proactively market the business while being fully involved in the day-to-day business operation.

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Property Features and Assets:

This business is located in a 1,400 Square Feet freestanding building that is placed in an intersection that has constant traffic coming through and is next to several other retail businesses. All equipment is in impeccable condition and in working order. / Inventory: $4,500 (Not Included in listed price).

Market Competition and Expansion:

Competition: One competitor is within the immediate market area, but the competitor only serves one type of product while this business has a wide variety of menu options that all demographics can enjoy. / Growth and Expansion: There is no marketing done at the current time to actively grow the business.

Reason for Selling:

Retirement

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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