Absentee Burger Restaurant in a Super Busy Area

Richmond, TX
listing image
Asking Price:$199,000
Gross Revenue:$480,000
Rent:$6,000
Established Year:2020
Cash Flow:$120,000
Inventory:$10,000
FF&E:$140,000
BUSINESS DESCRIPTION

Opportunity to acquire a fully Absentee Burger Restaurant.
1. Currently the business is in running condition with ZERO marketing and with absent owner. The new owner can improve the sales further.

2. The brand is now local and is known locally. With marketing effort, and in house owner present, this will be pushed even further.

3. New Costco just opened- that will drive the sales further.

4. Huge potential to capture the Halal population. Currently no halal advertising.

5. The product is solid with great quality meat and ingredients.

6. Corner Lot with patio facility- very busy intersection.

7. High School right behind- Afternoon business with kids, can be further improved with right advertisement.

8. Potential of this place is that sales can easily be around 60-70K per month

9. If you add beer, liquor, the sale will further increase further ( more than 70K per month)

To obtain more information about this great listing please enter your name and email address and click the orange send message tab. We will send you a NDA to sign.


DETAILED INFORMATION
Location
Richmond, TX
Inventory
Included in asking price
Real Estate
Leased
Lease Expiration
31/12/2029
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Fully Established Restaurant with outside patio.
Support & Training
2 weeks
Reason for Selling
Running absentee
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Sam Ali