Casual Breakfast, Lunch, and Dinner Burger Joint

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Asking Price:
$60,000

Gross Revenue:
$188,320
Cash Flow:
$38,955
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$3,000
included in asking price

FF&E:
$30,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Family-run home-style burger joint serving breakfast, lunch and dinner is available for acquisition. This business was originally established in 2016 by the current owner of the business. Most of the customers are corporate employee from the nearby office that comes during the lunch hours and families that live in the densely populated residential neighborhoods during dinner hours. Net sales average was $165,000/year that has been consistent throughout the last few years of operation without any proactive marketing done to grow the business. Although no marketing is in place at the current time, word of mouth has brought ample amount of customers and can further benefit by marketing proactively within the local area to generate more cash flow as well as acquire new customers. Competition is also expected for this type of business, but most of these competitors are fast-food chains compared to this home-style burger that they offer at this business that are both inexpensive and high-quality. There are many ways to proactively market this business such as direct mailing, door hangers, coupons, 3rd party delivery service, social media outlets and hiring a management team to operate the business. Cutting the owner's hours to part-time in the business can help this burger joint grow outside the business as the owner can fully focus on marketing the business and keeping the operation running smoothly. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.

Listing ID #000663
For more info, please call Kevin Chung at 1-866-519-2421.

About the Business

Location:
Fort Worth, Texas
Year Established:
2016
Number of Employees:
2FT
Real Estate:
Owned
Building Sq. Ft.:
1,100
Facilities:
This business is located in 1,100 SF retail strip center that is placed next to a very traffic dense intersection and is next to a major bank office building. All equipment is in impeccable condition and in working order.
Market Outlook/
Competition:
Few competitors are within the immediate market area, but the price point provided at this business is very inexpensive and the quality is superior to the competitors for the price range.
Growth & Expansion:
There is no marketing done at the current time.
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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:
1528718
Ad Detail Views:
314

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Business Listed by

V-AID Group, Inc.

www.v-aidgroup.com
License# 567204

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U.S. Census Data for Tarrant County, TX
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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