Unique Turn-Around Opportunity for Best Burger in Dallas Restaurant!

Collin County, TX
GREAT LOCATION!

Seller Financing Available

Asking Price:$195,000
Inventory:$5,500
FF&E:$400,000
Gross Revenue:$650,000
Rent:$6,353/Month
Established Year:2022
BUSINESS DESCRIPTION

Seller Financing Provided!!!

We are selling our Mooyah restaurant in Tarrant County TX. Health issues have essentially turned this into an absentee ownership situation and sales and profits have both suffered. We are looking for someone that has experience running a restaurant and has always wanted to own their own shop. Must be hands on and willing to work the store, build relationships with the guests, the community and the employees. We invested over $300,000 to open this restaurant (brand new!) in 2021 and we are willing to sell for $195,000. For the right person we are also willing to structure a great deal with $50,000 cash down and we will carry the balance of the selling price in the form of a 5-year note. This means you can get into a brand-new restaurant with less than one year payback on your cash investment! This is a unique opportunity and we’re only willing to do this for someone that is clearly talented, motivated, and passionate about the business!


DETAILED INFORMATION
Location
Collin County, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Lease Expiration
01/12/2032
Employees
10
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Brand new quick service restaurant. This is a franchised concept and buyer must be approved by franchisor.
Competition
Great location. Multiple quick service restaurants in the general area, but we have been voted Best Burger in Dallas for two years running!
Growth & Expansion
Well financed buyer will be able to secure additional territory from franchisor for growth.
Financing
$145,000 in a five year note at 8.5% interest. Interest only year one!
Support & Training
Franchisor provides 2 week training. We will supplement with an additional 2 weeks as needed.
Reason for Selling
health
Franchise
This business is an established franchise
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Greg Stevens
Greg Stevens