Growing Sandwich Restaurant w Owner Financing

Denton County, TX

Seller Financing Available

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Asking Price:$149,000
Gross Revenue:$421,980
FF&E:$4,000
Cash Flow:$53,750
Inventory:$3,000
Established Year:2020
BUSINESS DESCRIPTION

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.

Listing ID #001244


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Denton County, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,450
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
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.
Competition
There are competitors, as it's the nature of the restaurant industry, and the surrounding area
Growth & Expansion
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.
Financing
Owner is willing to finance 50%
Support & Training
The owner will train for 2 weeks for a smooth transition.
Reason for Selling
Burned Out
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