Burgers and Beer in Tarrant County
Business Description
Texas Restaurant Advisors and bigInk Commercial Real Estate require an NDA and buyer information form before any additional information will be shared. The business is in operation and may be harmed if the sale became public.
Rare opportunity to purchase a Tarrant County icon, serving the best burgers, fries and roadside diner cuisine for decades. A loyal customer base has been built during that time, attracting locals and visitors who frequent the area. Sales have been right around or above $1,000,000 since moving to the new location in late 2020 with a 3-year sellers discretionary earnings average of $118,800. Sales and profitability were down a bit in 2023 due to higher cost of goods and other factors but is back on pace for $1,000,000 plus in 2024. The owners hired a marketing company that is creating more brand exposure in the trade area which is bearing fruits to the bottom line. Housed in a 4,464 square foot space, the restaurant is located in a shopping center end with a large dining area, kitchen, dedicated bar and vibrant patio. If you have wanted to own a great legacy brand in Texas, here is your chance.
Rare opportunity to purchase a Tarrant County icon, serving the best burgers, fries and roadside diner cuisine for decades. A loyal customer base has been built during that time, attracting locals and visitors who frequent the area. Sales have been right around or above $1,000,000 since moving to the new location in late 2020 with a 3-year sellers discretionary earnings average of $118,800. Sales and profitability were down a bit in 2023 due to higher cost of goods and other factors but is back on pace for $1,000,000 plus in 2024. The owners hired a marketing company that is creating more brand exposure in the trade area which is bearing fruits to the bottom line. Housed in a 4,464 square foot space, the restaurant is located in a shopping center end with a large dining area, kitchen, dedicated bar and vibrant patio. If you have wanted to own a great legacy brand in Texas, here is your chance.
About the Business
- Employees
- 17
- Facilities & Assets
- A full FF&E list will be provided in the data room. The restaurant is fully furnished with tables, chairs, refrigerators, freezers, gas fryers, gas grills and much more. The restaurant is located on the end cap in a shopping center with national anchor tenants. The owners moved into this larger location in late 2020 which has a large dining and kitchen area, dedicated interior bar, large patio and ample parking. Rent with NNN’s is $9,955 per month.
- Market Outlook / Competition
- There are exclusions in this shopping center for this type of diner fare. The business is located off of two major thoroughfares in Arlington with ease of entry and plenty of parking.
- Opportunities for Growth
- A new owner operator can upgrade to a POS system that includes on-line ordering, loyalty programs, cloud-based reporting access and more. 3rd party delivery platforms such as DoorDash, Uber Eats and Chow Now can increase revenue and marketing visibility. Currently, the restaurant is closed on Sundays, a new owner could open and offer brunch and lunch specials. In addition, there could be an opportunity for additional locations around the DFW metroplex.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,464
- Rent
- $9,955.00 per month
- Lease Expiration
- 9/30/2030
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Sellers will ensure a smooth transition.
Listing Info
- ID
- 2289622
- Listing Views
- 1514
Listing ID: 2289622 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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