Franchise Unique No-Frills Easygoing Burger Joint

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Asking Price:
$150,000

Gross Revenue:
$311,523
Cash Flow:
$66,483
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$1,000
included in asking price

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

Real Estate:
 Not Disclosed

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Business Description

Unique easygoing burger joint anchored by a nationwide grocery chain is available for acquisition. This business was originally established in 2010 and was later acquired in mid-2015 by the current owner of the business. Competition is expected for any business within this industry, but this business has the best price point for their menu items and the quality is superior to other burger joints. Most of the customers are middle-class individuals from the densely populated residential neighborhoods and employees from the office buildings within the area. Net sales average is $285,000/year that has been consistently growing yearly since current owner's full time involvement in the establishment and upgrades in the kitchen equipment. While some marketing was done through a social media outlet, other forms of active marketing are crucial for this business to generate more revenue and acquire more customers. Delivery service is also provided within the area through 3rd party services and can easily increase sales by converting the delivery service to in-house. Marketing can be done in various ways to increase the cash flow of this business such as direct mailing, door hangers, in-house delivery service, daily deals, weekly specials, and catering service for large parties. The location of this business is optimal for bringing in an immense amount of customers due to the easy visibility from the busy intersection and the nationwide grocery chain that anchors this burger joint. Their menu consists of various types of items that range from appetizers, salads, classic burgers, fusion-style burgers, sandwiches, subs, kids menu, and shakes at an affordable price point. This business has constantly grown since acquisition from the current owner and requires a potential buyer that can actively do the same while proactively marketing this business within the local area.

About the Business

Location:
Dallas, Texas
Year Established:
2010
Number of Employees:
6PT
Franchise:
Yes
Facilities:
This business is located in a 1,500 SF retail strip center anchored by the nationwide grocery chain and the densely populated neighborhoods.
Market Outlook/
Competition:
Few competitors are within the immediate market area, but this business is superior in terms of size and quality of their products relative to their competitive price point.
Growth & Expansion:
Proactive marketing is needed to generate more revenue as the only form of marketing currently done is through social media.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
The owner of the business will provide the necessary training to smoothly transition into the business operation.
Seller Financing:
100% down at the time of closing or 30% Cash Down with SBA Financing for Qualified Bu

Listing Info

ID:
1616077
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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U.S. Census Data for Collin, Dallas and Denton Counties, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Collin, Dallas and Denton Counties, TX
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Education

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

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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