High Volume Hamburger/Fast Food Restaurant for Sale-Ellis County, TX

Ellis County, TX
Car Hop Drive In Concept
Asking Price:$375,000
Gross Revenue:$728,522
Rent:$5,750/Month
FF&E:$50,000
Cash Flow:$91,571
Inventory:$7,500
EBITDA:$60,765
Established Year:2014
BUSINESS DESCRIPTION

Opportunity to purchase a high volume hamburger/fast food restaurant in a niche market located in a fast growing community south of downtown Dallas. Long established, well known operation that has developed a large following with a name that has reached somewhat of a brand status and is widely recognized in Ellis County. Definitely a destination oriented operation. The food is fresh and way above average (was recently publicly recognized as the best burger in north Texas!). The business survived & thrived through the COVID pandemic as well as 2 ½ years of road construction which was finally completed in late 2022.
The owner got the idea of converting the business to a "cruise-in" concept in a more suitable location. He tried a test promotion called Thursday night cruise-in which was a huge success as it quickly outgrew the parking space available at the time which was eventually converted to public use only. All these plans have changed as the owner has recently started to experience some health issues and has decided to sell and retire from the business. Now is the time for a buyer with the proper vision to cash in on the successful brand that the owner has created and then eventually upgrade and expand it to a classic car drive up car hop concept with inside dining in another location suitable for much higher volume.

VERY MOTIVATED SELLER!! PLEASE MAKE ALL REASONABLE OFFERS!!


DETAILED INFORMATION
Location
Ellis County, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,400
Lease Expiration
31/05/2025
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Sale includes all furniture, fixtures, and equipment necessary to run a high volume hamburger restaurant plus inventories & supplies on hand, the trade name, all social media currently in place, all of the Seller’s rights under the current premises lease, the telephone number and the goodwill of the business as a going concern. Currently located in a 2,400 square foot free standing building with 94 seats inside plus another 46 outside.
Competition
Market for this type of fast food business remains strong. Reasonably priced, excellent product. Limited competition in the immediate trade area. The competition that does exist has a hard time competing with their product and reputation.
Growth & Expansion
Excellent for the right individual. The owner was planning on buying enough real estate or a second generation restaurant with ample parking to move the operation and expand the concept to a car hop service similar to Keller’s Hamburgers/Drive In in Dallas, Mel’s Diners in California (pictured)and Big Boy’s Drive In. The “cruise in” aspect really appeals to classic car and motorcycle enthusiasts which contributed to making the original business model so popular in the first place.
Financing
For qualified buyer candidates only with sufficent credit, experience and cash downpa
Support & Training
Seller will provide 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 no competition agreement.
Reason for Selling
Retirement/health reasons
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Stocker
Travis
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Stocker Travis