Prime location restaurant established for over a decade in Fort Worth is available for acquisition. This business was first established in 2007 by the current owner of the business. While the owner of the business manages the business through supervision, the operation runs smoothly as the current staff in place have long tenure and are extremely reliable. Most of the customers are a well-mix of demographics from the local area and the foot traffic that provides a steady source of new customers that visit this area. Competition can be expected for this type of business as well as the location this business resides in, but due to competitive pricing and the high quality of their products, this business excels at retaining existing customers as well as new ones. Gross sales of this business were $/month have been very consistent with steady growth over the last decade of operation. While some marketing is done through social media outlets and natural word of mouth, other marketing tactics are pivotal for this business to generate more revenue and acquire new customers outside the local area. Adjusting the current operation hours will immediately increase the sales of the business, but will require some marketing to notify the existing customers of the new operating hours. This business has a huge opportunity for growth with the right potential Buyer actively managing the operation while increasing the local marketing.
- Asking Price:
- $900,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $1,369,693
- Cash Flow:
- $258,470
Property Information
- Real Estate:
-
Lease
- Location:
-
This business is located in a 2,500 SF free-standing building surrounded by numerous businesses that attract immense foot traffic to this area.
- Size in square feet:
- 2,500 SF
Business Operation
- Expansion Potential:
-
The only marketing in place is word of mouth and social media outlets. Local marketing is necessary to expand the customer base and generate new revenue sources.
- Competition / Market:
-
Few competitors are within the immediate market area, but this business has established itself in the local area for well over a decade with quality food products and competitive price points.
- Reasons for selling:
-
Health Issues
- Employees:
- 10FT/12PT
- Years established:
- 2007
Other Information
- Support & training:
-
Will provide the necessary training needed to smoothly transition into the business operation.
- Financing available:
-
100% down at the time of closing or 20% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
- Furniture / Fixtures value:
- $300,000 - included in the asking price
- Inventory / Stock value:
- $15,000 - included in the asking price
