Super Restaurant with Full Bar-Must See

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Asking Price:
$895,000

Gross Revenue:
$840,000
Cash Flow:
$107,016
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$22,000
included in asking price

FF&E:
$350,000
included in asking price

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Business Description

This Bistro will knock your socks off--- IT IS THAT SPECTACULAR!!! It is located in THE HOTTEST AREA OF DALLAS, and has TONS of Valuable Parking Space and Excellent Visibility.
The decor is to die for, with earth tones that create a modern feel with charm that is beyond belief. The flavors inspire their menu that includes steaks, chicken, lamb, and house-made pastas, along with calamari, mussels, oysters Rockefeller, shrimp cocktail, and crab claws, AND raw oysters! You can even find tacos, burgers, fried seafood, po' boys, and lobster rolls. There is a full array of delicious choices that will please any guest.
It has an ambiance that makes is so pleasing while having a moderate to upscale menu. This is not fine dining, no white tablecloths. The goal has been to keep things casual and affordable.

The Dining area seats 150 and includes a beautiful wine room. This special section can be used for a party, group, reserved room, etc. There is an Amazing FULL Bar area that offers complete food and drinks. It also has a magnificent Year Round Outdoor Patio that offers a laid-back option for eating or sipping a glass of wine or drinking a frosty cocktail. It has heating and fans to make this the perfect year round space.
This CHARMING, STYLISH restaurant is the FINEST you will ever SEE!!!!! THE ENTIRE FACILITY HAS BEEN COMPLETELY REDONE!!!! When we say ALL NEW, that is exactly what this is. All the Heating and Air-conditioning systems and the entire interior from the floor up are NEW. The Kitchen and ALL OF the EQUIPMENT is Brand New. Nothing has been left undone. The BUILD OUT On this was over
A MILLION DOLLARS!

There is an unfortunate owner situation that necessitates this sale. You will NEVER see another opportunity CLOSE to THIS. It is the Business DREAMS are made of. This is the Deal of THE CENTURY!!!!

GRAB THIS FAST!!! WILL NOT LAST!!
IT IS THAT SPECTACULAR!!!!

About the Business

Year Established:
2017
Number of Employees:
14
Real Estate:
Leased
Building Sq. Ft.:
4,600
Rent:
$1.00 Per Month
Facilities:
This Beautiful Facility has been TOTALLY remolded and is absolutely stunning. It has 4,600 sq. ft. The main dining area seats 150, plus the Bar seats 40 and there is a Stunning year round Outside Patio that seats 44. The Kitchen is 1200 sq. ft. It also has an additional 400 sq. ft. dry storage. The Rent is $10,450 and it has a 5 year lease with a 5 year option that expires in 2027.
Market Outlook/
Competition:
Closest Competition is 3 miles away, but this restaurant is more stunning than all the others in the area.
Growth & Expansion:
Unlimited--- Sales are increasing monthly. It could also open Mondays and serve more hours on Saturday and Sunday with Brunch, etc.
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About the Sale

Reason For Selling:
Partner Issues
Training/Support:
The owner will provide 2-4 weeks of free on-site training, as well as up to 6 months of free phone consultation on an as needed basis.

Listing Info

ID:
1445814
Ad Detail Views:
630

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Business Listed by

Best Biz to Buy LLC Texas

Best Biz To Buy, LLC

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U.S. Census Data for Collin, Dallas and Denton Counties, TX
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Collin, Dallas and Denton Counties, TX
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Source: American Community Survey (2010-2014), United States Census Bureau.

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