Package of 2 High Volume Fast Food Restaurants w/ Alcohol for Sale

Asking Price$3,500,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$6,711,887

Inventory$50,000
Not included in asking price
FF&E$120,000
Included in asking price
DBISave

Package of 2 High Volume Fast Food Restaurants w/ Alcohol for Sale


Asking Price$3,500,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$6,711,887

Inventory$50,000
Not included in asking price
FF&E$120,000
Included in asking price
Business Description
Opportunity to purchase a package consisting of 2 operating, extremely profitable, high volume fast food restaurants with beer, wine & alcohol sales located in 2 rural towns 30 miles northeast of downtown Dallas. Absentee owner not involved too much in the day to day operations who operates the business with a general manager. Annual sales continue to trend up. Approximately 33% of the revenue is done on-line (delivery & pick up-drive through). Primary source of revenue is food with alcohol averaging approximately 5.3% of total sales. Very high food quality & consistency..

OWNER MOTIVATED TO SELL NOW!! The owner’s vision is to build a brand name and open multiple locations throughout the Dallas/Fort Worth metroplex. The concept with the new restaurants is more of a bar & grill atmosphere with an emphasis on alcohol sales. These 2 being sold are the original operations that have remained unchanged since originally purchased. They are more family friendly atmospheres emphasizing dine in and drive through food sales.

All sales revenues and cash flows stated can be supported with the proper financial source documentation including filed federal tax returns.

Seller will provide some on-site training after the purchase, assist in securing retention of employees and transfer of supplier relationships, provide on-call telephone assistance after completion of the training and excluding existing operations, sign a no competition agreement.
About the Business
Years in Operation
13
Facilities & Assets
Both of these fully equipped fast food restaurants have been and are capable of producing high volumes. One restaurant is 3,262 square feet and the other is 3,060 square feet with each paying a base rent of $9,833.61 per month plus additional rent of $1,367 per month for real estate taxes and building insurance for a total monthly gross rent of $11,200.61 per restaurant. Both premises leases expire on September 1, 2029 and each contain a 10 year renewal option.
Market Outlook / Competition
Not much serious competition as the chicken fast food franchises typically prefer more populated urban locations. Very large trade area. Customers of these restaurants are typically destination oriented and have been 'regulars' for a very long time.
Opportunities for Growth
Adding seafood items to the menu would boost sales even further.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,262
Rent
$11,201.00 per month
Lease Expiration
9/1/2029
About the Sale
Seller Motivation
Trying to build the brand and needs to sell these 2 restaurants to finance the c
Transition Support
Seller will provide some on-site training after the purchase, assist in securing retention of employees and transfer of supplier relationships & provide on-call telephone assistance after completion of training.
Financing Options
Financing is available from a 3rd party SBA lender for buyers with sufficient credit,
Listing Info
ID
2445993
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Business Listed by: Stocker Travis DBI Business Advisors

Listing ID: 2445993 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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