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Accommodation & Food Services

Two - Fast Food Restaurants business

Dallas, TX, USA
Updated 4 hours ago

Opportunity to purchase a package consisting of 2 operating, extremely profitable, high volume fast food restaurants with beer, wine & alcohol sales located in 2 rural towns 30 miles northeast of downtown Dallas. Absentee owner not involved too much in the day to day operations who operates the business with a general manager. Annual sales continue to trend up. Approximately 33% of the revenue is done on-line (delivery & pick up-drive through). Primary source of revenue is food with alcohol averaging approximately 5.3% of total sales. Very high food quality & consistency. OWNER MOTIVATED TO SELL NOW!! The owner’s vision is to build a brand name and open multiple locations throughout the Dallas/Fort Worth metroplex. The concept with the new restaurants is more of a bar & grill atmosphere with an emphasis on alcohol sales. These 2 being sold are the original operations that have remained unchanged since originally purchased. They are more family friendly atmospheres emphasizing dine in and drive through food sales. SALE OF BUSINESS EXTREMELY CONFIDENTIAL!! Employees and customers unaware of seller's intentions. Business to be seen as a customer only and please act like one. DO NOT CONTACT EMPLOYEES OR OWNER!! Any requests for a closer look at the business or meetings with the owner are to be done after hours, by appointment only through the broker, who has all necessary information. For further information contact owner's representative, Stocker Travis at 214-233-6481 or email [email protected] FACILITIES Both of these fully equipped fast food restaurants have been and are capable of producing high volumes. One restaurant is 3,262 square feet and the other is 3,060 square feet with each paying a base rent of $9,833.61 per month plus additional rent of $1,367 per month for real estate taxes and building insurance for a total monthly gross rent of $11,200.61 per restaurant. Both premises leases expire on September 1, 2029 and each contain a 10 year renewal option. COMPETITION Not much serious competition as the chicken fast food franchises typically prefer more populated urban locations. Very large trade area. Customers of these restaurants are typically destination oriented and have been 'regulars' for a very long time. GROWTH AND EXPANSION Adding seafood items to the menu would boost sales even further. SUPPORT AND TRAINING Seller will provide some on-site training after the purchase, assist in securing retention of employees and transfer of supplier relationships, provide on-call telephone assistance after completion of the training and sign a non competiton agreement. REASON FOR SELLING To finance the construction of additional restaurants & building the brand name.

Ffe

$120,000

Size

6,322 SQFT

Status

Business Off Market

Base Rent

$9,833.61 per month per restaurant

Inventory

$50,000

Established

13 years

Additional Rent

$1,367 per month per restaurant

Lease Expiration

September 1, 2029

Lease Renewal Option

10 year renewal option

Total Monthly Gross Rent

$11,200.61 per restaurant

Reason for Selling

To finance the construction of additional restaurants & building the brand name.

Financials

Asking Price
$3.5M
RevenueMost Recent Year
$6.7M
Earnings (SDE)Last Reported
$1.2M
Assets ValueNot Included in Asking Price
$120K
Seller Financing
Not available

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