Turn Key Fast Casual Indian Restaurant

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Asking Price:
$60,000

Gross Revenue:
$245,000
Cash Flow:
$40,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$2,000
included in asking price

FF&E:
$40,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Prime location traditional Middle-Eastern restaurant in a recently renovated end-cap space of a retail strip center is available for acquisition. This business was originally established by the current owner of the business in 2017. Most of the customers are middle-class employees that work in the numerous retail businesses that surround this area as well as densely populated residential neighborhoods that house many families that come during dinner hours. Net sales average was $240,000/year that has gradually increased over the last year of operation due to the renovations done to the facility when the current owner of the business first acquired this restaurant. Although no marketing is in place other than food review websites, the renovation of the business provided ample amount of marketing as the open kitchen concept combined with their freshly made menu items that is very attractive to the local customer base. Competition is expected for this type of business industry, but this business stands out from the competitors with their business concept that is modern as well as efficiently built for optimal customer service. There are many ways to proactively market this business such as direct mailing, social media outlets, catering service, delivery service, 3rd party delivery service, flyers, daily specials and placing a manager in place to supervise the business. A full-time owner-operator has many benefits that include the most common result of cutting unnecessary payroll expenses, but having a manager in place will provide its own benefits such as giving additional time to the owner to proactively market and manage the back-office work of the business. 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 operation.

About the Business

Location:
Dallas, Texas
Year Established:
2017
Number of Employees:
1FT/3PT
Facilities:
This business is located in a 1,000 SF end-cap space of a retail strip center that is surrounded by many retail businesses and a nationwide grocery store. As well as densely populated residential neighborhoods. All equipment is in impeccable condition and in working order.
Market Outlook/
Competition:
Few competitors are within the immediate market area, but this business is known to provide top-notch service for their freshly made menu items that can easily be spotted from their open kitchen concept.
Growth & Expansion:
Majority of the customers during the lunch hours are middle-class employees from the nearby retail businesses and some families during dinner hours.
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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.

Listing Info

ID:
1616087
Ad Detail Views:
0

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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 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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