Home-style Burger Joint w/ Bar

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Asking Price:
$290,000

Gross Revenue:
$841,730
Cash Flow:
$145,432
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$7,500
included in asking price

FF&E:
$100,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Prime location burger joint with full bar open for 7 days a week is available for acquisition. This business was originally established by the current owner of the business is late-2015. Most of the customers during the weekday consist of many seniors and business people as well as families that live in the surrounding densely populated residential neighborhoods. Net sales average was $790,000/year that has been steadily growing over the last couple years due to active marketing on social media outlets and magazines. Although the current active marketing have brought consistent sales and customer acquisition, other forms of proactive marketing is crucial if this business is to reach full potential. Competition can be expected as any burger joint, but all the corporate competitors provide their standard menu items at higher price points compared to the high quality and lower price point menu at this business. There are many ways to proactively market this business such as direct mailing, delivery service, 3rd party delivery service, catering, student discounts, happy hour, weekly specials, daily deals, coupons, hire additional staff and expanding the current menu items. Additional menu items like desserts are needed to increase the total average of each customer ticket and attract more customers from around the area. Various menu items are provided at this business that can range from burgers, breakfast platters, sandwiches, omelets, appetizers, salads, baskets and some desserts. 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 operations.

Listing ID #000577
For more info, please call Stephen Lee at 1-866-519-2421.

About the Business

Location:
Ellis County, Texas
Year Established:
2015
Number of Employees:
6FT/15PT
Facilities:
This business is located in a 2,650 SF retail strip center that is nearby numerous office buildings and densely populated residential neighborhoods. All equipment is in impeccable condition and in working order.
Market Outlook/
Competition:
Few corporate competitors are within the immediate market area, but all the locals want mom and pop shops that provide quality menu items at an affordable price point.
Growth & Expansion:
Some marketing is done through social media and magazines, but there's many other proactive marketing tactics that can be utilized to generate more cash flow and acquire more customers.
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About the Sale

Reason For Selling:
Burnt Out
Training/Support:
The owner of the business will provide the necessary training needed to smoothly transition into the business operations.
Seller Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu

Listing Info

ID:
1540947
Ad Detail Views:
136

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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 Ellis County, TX
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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 Ellis County, TX
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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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