2 Decade Est Delivery Only Steak House

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Asking Price:
$100,000

Gross Revenue:
$194,857
Cash Flow:
$34,320
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$40,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Well established delivery and carry-out only steakhouse in East Fort Worth is available for acquisition. This business was originally established over two decades ago in 1995 and was later acquired by the current owner of the business in 2000. Most of the customers are middle to upper-class individuals that vary depending on which apartment complex or densely populated residential neighborhoods that requests for delivery services. Which covers mainly all of Tarrant county. Net sales average is $220,000/year that has been steadily increasing each year as the population of the area grows and individuals have access to more disposable income. Although delivery services has brought ample amount of business to this steakhouse, other proactive marketing tactics needs to be fully utilized to generate more cash flow and acquire new customers from outside the immediate market area. Competition can be expected for this business industry, but this business has a competitive price point that is more attractive than the competition while also providing delivery service within the local area. There are many ways to proactively market this business such as direct mailing, flyers, social media outlets, coupons, daily specials and having in-house delivery service. Delivery service that is provided in-house will allow this business to cut the extra expenses using 3rd party delivery services along with having more control on quality of the service. 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 operations.

Listing ID #000682
For more info, please call Stephen Lee at 1-866-519-2421.

About the Business

Location:
Fort Worth, Texas
Year Established:
1995
Number of Employees:
6PT
Facilities:
This business is located in a 1,300 SF retail strip center surrounded by numerous retail businesses that bring immense traffic throughout the day to the intersection. All equipment is in impeccable condition and in working order.
Market Outlook/
Competition:
Few competitors are within the immediate market area, but this business competes with competitive price points on their menu items and exclusively does delivery in the area.
Growth & Expansion:
Some marketing is done through delivery services, but other proactive marketing methods is needed to grow the business further and reach full potential.
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About the Sale

Reason For Selling:
Other Opportunities
Training/Support:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Seller Financing:
100% down at the time of closing.

Listing Info

ID:
1633289
Ad Detail Views:
0

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Business Listed by

V-AID Group, Inc.

www.v-aidgroup.com
License# 567204

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