Middle Eastern Restaurant & Event Lounge in Arlington
Arlington, TX
| Asking Price: | $199,000 |
| Gross Revenue: | $420,000 |
| Rent: | $3,000/Month |
| Established Year: | 2018 |
| Cash Flow: | $120,000 |
| Inventory: | $10,000 |
| FF&E: | $200,000 |
Listing ID: 2006810Listing provided by BizBuySell
BUSINESS DESCRIPTION
Stunning Restaurant with Elegant Appointments with Drive-Thru
Fine Persian and middle eastern restaurant fully equipped with stove, exhaust hood, freezer, cooler, grease trap. Fully operational bar with band stage for parties in one of the most prime areas of Arlington with high traffic area. Long term loyal cleints. Long term lease and 60%below market rent. Rent only $3,000 a month. Ideal business to own with huge potential. Do not miss this great opportinity to own of the finest restaurants in the best locations. Owner will finance a portion of the sale amount.
DETAILED INFORMATION
Location
Arlington, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All FF&E including all Furniture, Fixtures, Cooking Equipment, Freezer, Cooler, Exhaust Hood, Fire Protection System, Sign & Grease Trap.
Competition
The current market for the middle eastern restaurant at Arlington is a huge market because of the middle eastern population and Americans in the area. Pricing is also very competitive . The rent is 60% below market, resulting in savings of over $200,000 over the term of the lease.
Growth & Expansion
The restaurant is in a stand alone building with Drive-True in a retail center.
Financing
50% down Finance Term 5 Years 8% interest
Support & Training
30 days Training
Reason for Selling
Too far from home
Home-Based
This business is Home-Based
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