Freestanding Salvadorian Restaurant

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Asking Price:
$160,000

Gross Revenue:
$517,236
Cash Flow:
$136,557
(Seller's Discretionary Earnings)

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

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

Real Estate:
 Not Disclosed

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Business Description

Authentic Salvadorian restaurant with large parking area and build-in drive-thru is available for acquisition. This business was originally established in a 1,224 SF freestanding building by the current owner of the business in 2008 placed in 19,602 SF of land for ample parking space. Most of the customers are a well mix of Caucasian, Salvadorian and Hispanic individuals that live in the surrounding densely populated residential neighborhoods as well as construction workers during lunch hours. Net sales average was $430,000.00/year that has been consistent over the last several years due to the business having so many loyal repeat customers that also spread word of mouth in the local area. Although no marketing is in place to currently grow the business, other proactive marketing methods needs to be utilized to generate more cash flow and acquire new customers from the surrounding untapped residential areas. The location of this business is extremely well placed as there isn't a single competitor within the immediate market area that has the same products or is within the same industry. There are many ways to proactively market this business such as direct mailing, business website, online ordering, delivery service, 3rd party delivery service, social media outlets, catering service, daily deals, weekly specials and full-time owner operator. Utilizing both a full-time owner operator and marketing efforts in the local area will greatly benefit this business by cutting payroll expenses as well as expanding the current customer base. 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 #000672
For more info, please call Moon Kim at 1-866-519-2421.

About the Business

Location:
Fort Worth, Texas
Year Established:
2008
Number of Employees:
4FT/2PT
Facilities:
This business is located in a 1,224 SF freestanding building placed in a 19,602 SF plot of land that has ample amount of parking space and has an attractive built-in drive-thru. All equipment is in impeccable condition and in working order.
Market Outlook/
Competition:
There is no competitor within the immediate market area that competes using the same products.
Growth & Expansion:
There is currently no marketing done to actively grow the business.
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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 or 50% Cash Down with SBA Financing for Qualified Bu

Listing Info

ID:
1528470
Ad Detail Views:
283

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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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