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Classic American Burger For Sale

West Dallas, Tarrant County, Texas, US
Asking Price:
$325,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$700,000
Cash Flow:
$165,000

A beloved free-standing, old-fashioned, fast-food burger spot in West Dallas has been listed for your acquisition. This establishment, which has been operating in the same location for 17 years, encapsulates the feeling of classic American burger diners. With an awning that extends over the length of the drive-thru and its bright exterior paint, this burger joint is quickly recognizable and has the charm to become a local favorite. The brightly colored pylon sign also makes this spot easily identifiable from afar. The interior style is reminiscent of humble Americana and has been renovated by the current owner within the past three years. The building is 1,800 SF sitting on a 16,250 SF plot of land. Since this establishment is nestled inside a high industrial area, the customer makeup consists of local contract workers from surrounding warehouses and manufacturing facilities. Many blue-collar workers from a myriad of ethnicities frequent this spot for a quick and satisfying lunch. However, this establishment is not limited to lunch and serves a full menu of breakfast food, salads, burgers, sandwiches, ice creams, and shakes from 7AM to 9PM. Without any true competitors from the surrounding vicinity, this old-fashioned burger spot has dominated the area and has sequentially formed a healthy pool of customers.

Gross revenue in 2020 exceeded $600,000 even amidst a 45-day shut down due to covid. In 2021, gross sales are on track to exceed $700,000. This upward trend is primarily due to the popularity and accessibility of drive-thrus. Throughout the pandemic, to-go and drive-thru sales have exponentially increased, and this establishment is no exception. Currently, there is a very minimal amount of marketing being done. There are many ways to proactively market this business, such as direct mailing, flyers, social media outlets, coupons, daily specials, etc. There is also a vacancy in the use of 3rd party delivery services such as Grubhub, Door Dash, and Uber Eats, etc. This could prove to be a quick and easy boost in sales that the new acquiring owner should seriously consider. The current owner is willing to train the new owner until the new owner completely grasps the business. If you are looking for a well-established, independently owned restaurant with a solid customer base, this listing is an excellent opportunity.

Property Information

Real Estate:

Lease

Location:

This business in a 1,800 SF space of free standing building is located next to an intersection surrounded by heavy industrial area as well as densely populated residential neighborhoods. The restaurant features a convenient drive-thru, and all equipment is in good condition.

Size in square feet:
1,800 SF

Business Operation

Expansion Potential:

Minimal marketing is done and proactive marketing methods are needed to fully utilize to achieve maximum income potential. There is also a vacancy in the use of 3rd party delivery services such as Grubhub, Door Dash, and Uber Eats, etc. This could prove to be a quick and easy boost in sales that the new acquiring owner should seriously consider.

Competition / Market:

There are no direct competitors within the immediate market area.

Reasons for selling:

Owner is looking to retire.

Employees:
2FT/6PT
Years established:
2004

Other Information

Support & training:

Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.

Financing available:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.

Furniture / Fixtures value:
$70,000 - included in the asking price
Inventory / Stock value:
$3,000 - included in the asking price
Related Documents:

Contact V-AID Group

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