Independent Restaurant Business-only in North Richland Hills, TX!

Asking Price$499,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$450,000

InventoryNot Disclosed

FF&ENot Disclosed

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Independent Restaurant Business-only in North Richland Hills, TX!


Asking Price$499,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$450,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Key Financials:


Independent fast?casual concept (NOT a franchise) focused on customizable gourmet mac & cheese bowls, grilled cheese, burgers, flatbread pizzas, family pans, and catering! A high?demand comfort?food niche without franchise fees or royalties!


Yearly Net Sales are $450,000 at 72% margins!


Yearly Net Profit is over $160,000 AFTER paying a Total Payroll of $63,500, as well as rent and all other expenses! Owner and Owner's parents payroll is approximately $40,000! Owner's total take home is over $200,000!


Owner works only 10 hours per week and Owner's parents work only 30 hours per week, supported by a lean operation of 3 employees.


Rent is only $4,244 NNN plus CAM per month! Current lease runs through February 2028 with an additional 5-year option available! Total 7 years remaining on the lease!


Restaurant Information:


More than 300 reviews with a 4+ Star Rating!


Limited hours! Only open 9 to 10 hours per day!


Operating for nearly 3 years! Fully built?out kitchen, dining area, POS, online ordering, website, and established delivery/catering channels via major apps already in place! Step in and start earning from day one!


COGS consistently at 28% driving strong margins!


Geographic and Demographic Details:


Prime retail center in an affluent DFW suburb! Located in a 37,000+ SF neighborhood shopping center with strong national co?tenancy, directly within the Dallas–Fort Worth market!


Located along a major boulevard placing the site in a corridor that the City is actively investing in for transportation and redevelopment.


Median household income is very affluent at $136k!


Extremely High Traffic Count of 25,000 vehicles passing the restaurant each day!


Population is increasing rapidly at 5% every year!


North Richland Hills is a family?friendly suburb of more than 70,000 residents, situated conveniently between Dallas and Fort Worth with easy access to Keller, Southlake, and major highways.


The City of North Richland Hills is actively improving traffic flow and signal timing along the street where the restaurant is located, enhancing long?term accessibility and desirability of this retail corridor.


Hotels like Hampton Inn & Suites Keller Town Center, and Delta Hotels Dallas Southlake are close by!


Located near multiple schools like Green Valley Elementary School, Liberty Elementary, Walker Creek Elementary School, Foster Village Elementary School, Birdville Center of Technology and Advanced Learning, North Richland Hills Early Care and Education collectively serving over 3,600 students and faculty!


Apartments nearby include Villas On Bear Creek, The Abbey at Hightower, Grand Estates at Keller, Enclave at Hometown, Riata Park Apartments and The Delano at North Richland Hills Apartments!


30 min from Dallas, TX! 20 min from Fort Worth, TX!


This is a rare opportunity to step into a fully built gourmet comfort-food restaurant with rising sales trends, strong margins, and built-in brand equity!


Asking Price for Business-only: $499,000 plus inventory!
About the Business
Website
https://riverbrokers.com/
Real Estate
Owned or Leased
Leased
Rent
$4,244.00 per month
Listing Info
ID
2450975
Listing Views
7
Business Location

Contact Seller

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Business Listed by: Kavita Purohit River Brokers

Listing ID: 2450975 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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