Restaurant business for sale serving burgers. This established burger restaurant is available for acquisition. The burger restaurant is known for its high-quality unique burgers that are cooked to order in a timely manner. This burger restaurant was established around 2013 and later acquired by the current owner in 2022. The current owner has increased the revenues since acquiring it by focusing on quality of products, consistency and customer service, which has helped this restaurant thrive again from its lows during covid to its current sales of over 500K in 2023. This burger restaurant occupies 2,300 sq ft of space in a retail strip center, that is directly across from one of the largest auto assembly plants that employs over 5,000 employs. The current owner works Full-Time at the restaurant and is involved in bookkeeping, payroll, inventory, and day-to-day operations. Although some burger restaurants are in the immediate area, none are direct competitors from the current restaurant as its products are on a different tier and have a different customer base from the typical chains. While the restaurant is projected to continue its steady growth into 2024, many strategies could still be implemented to continue this growth for years to come, with additional marketing to reach new customers from untapped areas nearby.
- Asking Price:
- $259,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $551,989
- Cash Flow:
- $130,987
Property Information
- Real Estate:
-
Lease
- Location:
-
This burger restaurant occupies 2,300 sq ft of space in a retail strip center facing a huge auto assembly plant that employs over 5,000 employees and is surrounded by many apartment buildings.
- Size in square feet:
- 2,300 SF
Business Operation
- Expansion Potential:
-
The business has been established for many years. It continues to attract new customers solely from word-of-mouth. Revenues have been growing at a steady rate after the Covid-19 pandemic without much advertisement. Implementing a marketing strategy will help continue to fuel the growth such as social media advertisement, paid google advertisement and adding a catering menu could help capture larger orders from the big companies near the business.
- Competition / Market:
-
There are no direct competitors as this burger restaurant provides a unique menu with quality ingredients and made to order system that is able to execute on a consistent, timely basis, which is hard to come by for a burger restaurant.
- Reasons for selling:
-
Family reason
- Employees:
- 1FT/5PT
- Years established:
- 2013
