Business ASSETS sales - Restaurant on George Bush TOLLWAY at Telecom

Dallas County, TX

Business ASSETS sales - Restaurant on George Bush TOLLWAY at Telecom

Asking Price:$75,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$52,181

Inventory:$1,137

Established:2005

Business ASSETS sales - Restaurant on George Bush TOLLWAY at Telecom

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Business Description

An ideal acquisition target for any buyer since this establishment faces a major street and is only a few steps away from a MAJOR highway. Location, location, location = a clean, new-looking shopping center located in an area with non-stop growth and continuous developments. Full list of equipment available for buyer’s review. Restaurant is well loved by the community and has been awarded excellent ratings on most social media websites. Besides good food, owner’s friendliness is part of the reason customers love to come back after all those years in business. Come to experience & see it for yourself, everything as described. Imagine how much it would cost to build a restaurant like this.

Detailed Information

Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Well-established restaurant with 11-year history in this upscale & growing neighborhood. To make sense of the true value of this acquisition, interested buyers should request visiting the business to see how much love and dedication the current owner has devoted to this place, from the magnificent chandelier to the well-kept, like new furniture & equipment invested at this establishment, although due to personal health issue, owner has run this establishment semi-absentee in the past 3 years. Own or Lease Lease Real Estate Type of Location Commercial Square Feet 2760 Monthly rent $ 7,228 Lease Expiration Date 06-30-2017 Terms/Options 5 years / Renewable
Competition:
Owner will teach secret recipes. Very well maintained & updated equipment + nice interior & ambiance + spacious and very clean restaurant = an easily convertible space to any cuisine restaurant at very minimal cost. Strategically surrounded by upscale North Garland, Richardson, Murphy & Plano neighborhoods and companies. No competition from other Chinese restaurant in 1-mile radius.
Growth & Expansion:
Non-stop growth in this developing area continues to bring higher annual gross sales to the restaurant. Also, current owner is employing Grubhub, Eat24Hours, Menufy, Eatstreet, Foodler, BeyondMenu, and Delivery.com for online sales, leaving undiscovered growth potential to new owner who is open to selling through the more popular Groupon, LivingSocial, Orderup, or Bringmethat.com. Customer loyalty program and employee discount offers for nearby businesses and companies are two other opportunities that also have not been tapped into.
Support & Training:
Seller will train for 2 weeks at no cost.
Reason for Selling:
OWNER’S HEALTH ISSUE

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Bao Le

Business Listed By:
Bao Le

Transworld Business Advisors

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Sponsoring Broker:
Saleem Marwat

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