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Growing Sandwich Restaurant W 50% Owner Financing In Texas For Sale

N.Dallas, Denton County, Texas, US
Asking Price:
$149,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$421,980
Cash Flow:
$53,750

Fast food restaurant for sale serving sandwiches is available for acquisition. Rent is affordable, and owner financing is available for this shop. This business was originally established by the previous owner in 2020 and acquired by the current owner in 2021. This business is located in a 1,450 SF Retail Endcap space with a new anchor tenant moving in, which is next to one of the busiest highways and is surrounded by residential neighborhoods and apartment complexes. The restaurant's main menu item is the Philly Cheese Steak, salads, appetizers, fries, etc. The customer base consists of middle-income individuals with diverse ethnic backgrounds. Revenues have more than doubled since the acquisition and are expected to continue this growth trend as word-of-mouth of this establishment continues to grow. Although there are competitors in the immediate area, this restaurant's revenue has continued to grow with very limited marketing efforts. It is expected to continue this growth trend as word-of-mouth spreads with a new anchor tenant moving in, bringing additional foot traffic to the area. Proactive marketing will help capture new customers as the current owner has spent a minimal amount on marketing and solely relies on word-of-mouth. This business is a great opportunity for first-time buyers or someone with restaurant experience that can continue to grow the business.

Property Information

Real Estate:

Lease

Location:

This business is located in a 1,450 SF Retail Endcap space with a new anchor tenant moving in, which is next to one of the busiest highways and is surrounded by densely populated residential areas.

Size in square feet:
1,450 SF

Business Operation

Expansion Potential:

The business has seen consistent growth since its recent acquisition. It is expected to continue this growth trend as word-of-mouth spreads with a new anchor tenant moving in, bringing additional foot traffic to the area. Proactive marketing will help capture new customers as the current owner has spent a minimal amount on marketing and solely relies on word-of-mouth.

Competition / Market:

There are competitors, as it's the nature of the restaurant industry, and the surrounding area

Reasons for selling:

Burned Out

Employees:
2FT/2PT
Years established:
2020

Other Information

Support & training:

The owner will train for 2 weeks for a smooth transition.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner is willing to finance 50%

Furniture / Fixtures value:
$4,000 - included in the asking price
Inventory / Stock value:
$3,000 - included in the asking price
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