Asset Sale - Fully Equipped Restaurant in Busy North Dallas!

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Fully Equipped & Furnished Restaurant in Posh North Dallas Business District
Asking Price:
$99,000

Gross Revenue:
$353,371
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$5,000
included in asking price

FF&E:
$150,000
included in asking price

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Business Description

This restaurant is located at a prime North Dallas business district. The business is being offered as an asset sale, which means that the buyer will be entitled to acquire all tangible assets of the business such as equipment, and furniture. The buyer will also be able to transfer and get the lease of this space from the seller. Since this location is part of a restaurant chain with multiple locations, the buyer will not be entitled to operate the business with the current name.

About the Business

Year Established:
2008
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
2,011
Lease Amount/Mo.:
$4,189.00
Facilities:
This is a fully equipped and furnished restaurant ready for a new buyer / tenant. The present location is nicely built with 2011 sq. ft. area and monthly rent of $4189.58 + NNN.

This restaurant is part of a chain with several locations in DFW area. This restaurant chain has grown tremendously over the past few years and the current owner is trying to consolidate the operation by offering asset sale of this location. The seller is looking for a motivated buyer who can convert this location to another concept (Asian or Mexican restaurant).
Market Outlook/
Competition:
There are several restaurants in this area but due to its prime North Dallas location, any good restaurant concept can expect great sales at this spot.
Growth & Expansion:
Growth and expansion of the restaurant will be dependent upon the creativity and food quality of the new concept.
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About the Sale

Reason For Selling:
consolidation
Training/Support:
2 weeks

Listing Info

ID:
1536576
Ad Detail Views:
76

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Business Listed by

Saleem Marwat

Transworld Business Advisors

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U.S. Census Data for Collin, Dallas and Denton Counties, TX
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Collin, Dallas and Denton Counties, TX
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Source: American Community Survey (2010-2014), United States Census Bureau.

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