| Asking Price |
$1,150,000 | Inventory |
upon request* |
|---|---|---|---|
| Gross Income |
$1,500,000 | Real Estate |
$600,000* |
| Cash Flow |
$300,000 | Year Established | 2008 |
| FF&E |
upon request* | Employees | 8 ft 42 pt |
* included in the asking price
** not included in the asking price
High profile restaurant / sports bar / coffee bar prominently located at the corner of an interstate highway intersection in a rapidly growing suburban area, just minutes east of Dallas. This is a new, attractively appointed 6,000 sq. ft. facility on a 20 year land-lease parcel, with high quality furniture, fixtures and equipment, producing strong sales and cash flow after only a few months of operation. This restaurant specializes in wings, pizza and hamburgers along with other more upscale menu selections, providing a wide selection for diners and bar customers. A separated area provides a sports bar atmosphere for those seeking that type of venue. Flat screen televisions throughout provide an informal ambiance, enhancing the patrons' enjoyment of the facility. A full bar serves the customers their beverage of choice while a small game room occupies the kids. Attractive coffee bar area, separated from restaurant, offers a wide variety of gourmet coffee and specialty drinks for early morning commuters and all-hour availability for locals and interstate highway travelers. The convenient drive-thru serves both coffee customers and a large number of pizza take-out customers. The seller, a restaurant developer, plans to develop other restaurant concepts and then sell them after start-up. That scenario was his goal when he built and started this operation. This business has been operational since November, 2008 and, after 7 months of operation, is on track to show annualized sales of $1,500,000. The seller will offer attractive financing for a qualified buyer with a $300,000 down payment. This offering is a rare opportunity to own a first-class restaurant in a rapidly growing area, providing tremendous upside potential!
Attachments: Download additional information (PDF)
Financing: $300,000 down payment
Support/Training: Seller will provide necessary transition training.
Reason Selling: Seller is restaurant developer. Designs, builds and then sells.

Lester Godwin
903-896-2520
East Texas Sunbelt Business Brokers
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