Fast Casual Or 2nd Gen Restaurant For Sale

Fort Worth, TX (Tarrant County)

Fast Casual Or 2nd Gen Restaurant For Sale

Asking Price:$179,000

Cash Flow:$84,322

Gross Revenue:$389,118




Rate/Sq. Ft.:N/A


Fast Casual Or 2nd Gen Restaurant For Sale

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Business Description

* PRICE JUST REDUCED TO $179,000 for quick sale. Owner relocating out of state, * Contemporary fast casual restaurant currently open for breakfast, lunch and dinner, currently owner-operated with 5 employees.

Located in a busy intersection. Has busy DRIVE-THRU business. Dense residential area, with office areas not far. The business is performing well in its current concept; however, there appears to be significant upside with the right marketing or some menu changes – either deletions or additions. And/or upgrade to a slightly higher menu choice or even change the hours of operation.

Or, the purchase of this business could be used to kick start a new concept with landlord approval.

Why spend the funds to open from scratch in a non-proven location, and the significant amount of time it takes for new construction, permitting etc? One could purchase this business for rebranding as a second generation restaurant with customers and top of the line equipment in place. Seller spent a significant amount on improvements 5 years ago. As most buyers out there searching for a quality location in dense newer neighborhoods, 2nd gen restaurant sites are not that easy to find, or when available, they seem to be snatched up quickly.

Equipment value above is original cost – but still fairly new and all cream of the crop/top of the line. The $175K does NOT include the tenant improvements.

A must-see for buyers desiring a profitable fairly easy fast casual restaurant business. Many customers order on line to pick up at Counter or Drive-thru. Drive thru especially busy in the mornings. Business Hours – 7a-10p daily.

Sales and Discretionary Earnings calculations for full time restaurant owner-operator are based on tax returns. (“Cash Flow” field above = Discretionary Earnings ) (Note, employees handle the business from 3pm til close)

This business may be a good candidate for 3rd party loan with historical tax returns in place.

The information contained in this marketing is subject to change, corrections, or withdrawal without notice. Information provided herein has been provided by the Seller and not by Broker.

The Seller has listed this business strictly as an asset transaction. This is not an offer to sell securities. This is not a solicitation to sell securities.

Listing Broker Firm: Liberty Business Exchange & Erin Bonner, Independent Broker. Call or email: Erin Bonner for the NDA: 214-236-1099 or Erin @ LibertyExchange dot com.

Detailed Information

Included in asking price
Real Estate:
Building Sq. Ft.:
Lease Expiration:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
This restaurant was finished out for efficiency of cooking quick counter pick up of the orders. No expense was spared in the tenant improvements. Well-appointed interior. Located in very dense residential and prime developing area. Mid-to upper income. Easy ingress/egress. Has DRIVE-THRU. Approximately 1,959 sq. ft., Current Monthly Building Rent is approx. $4,769 (includes NNN) Current owner’s Lease expires Oct. 2020. (See lease for any increases and terms) New owner must be approved by Landlord. Very architecturally kitchy- cool shopping complex.
Other restaurants in the area actually serve as a draw rather than a hindrance. No close competitor that offers the menu variety as this restaurant. Located in one of the hottest Areas in the U.S. where development is ongoing.
Growth & Expansion:
On line marketing could definitely be improved – SEO, landing page, etc. Possibly add internal or 3rd party delivery services to employees/corporations in the area for breakfast meetings and lunch business as well as evening residential delivery. More localized advertising could be added. New tenant across the street with purported opportunity to gain 100 visitors /day as new customers. If permitted by the city, one could look at adding alcohol. See other sections in this write up for other growth potential.
Support & Training:
Training included in purchase price. Negotiable period.
Reason for Selling:
Relocation out of state.

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Erin Bonner

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