4900 SF 2nd Generation Restaurant/Bar.

Burleson, TX (Johnson County)

4900 SF 2nd Generation Restaurant/Bar.
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Asking Price: $390,000

Cash Flow: $36,000

Gross Revenue: $936,000

EBITDA: $48,000

FF&E: $190,000

Inventory: N/A

Rent: $8,900 /Month

Established: 2013

4900 SF 2nd Generation Restaurant/Bar.

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Business Description

Established Restaurant with good sales volume. Located in a destination location in Burleson, TX. Relatively new Building and well-built.
Rare opportunity to acquire a restaurant in a Class-A location, Fully-furnished and ready to make money.

Landlord will honor lease, or would consider selling the building, or do a lease with option to buy in the future.

Bring your new menu and business-oriented skills to this great opportunity. Increase sales by updating lunch and dinner menu and/or adding breakfast/brunch. Food delivery (UBER EATS) is a new opportunity to the market.

Great expansion opportunity for an established restaurant to expand, or start a new concept. Great brick and mortar location for a food truck company looking to expand. Plenty of parking.

Detailed Information

Location:
Burleson, TX
Real Estate:
Leased
Building SF:
4,900
Lease Expiration:
8/1/2029
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
List of assets available. 14' Type 1 Vent Hood, Walk-in cooler, dish pit, char broiler, grill, salad station, fryers, prep tables, tables, chairs, bar stools, cocktail stations, beer cooler, glass chiller, HVAC (5), and more.
Competition:
There are several established restaurants in the immediate area, Class-A location. Burleson is a fast-growing city with a great economy, great schools and great parks.
Growth & Expansion:
The large full-size kitchen creates opportunity to expand the menu. There is a demand for breakfast/brunch and an opportunity to grow lunch and dinner sales. Food delivery is new to Burleson, as UBER Eats and Door Dash recently started. Sales are good. COGS and Labor are high. An active owner could adopt better controls and budgets to increase profit margin to 9-12%.
Support & Training:
Experienced staff and GM. All would be willing to transition to new restaurant. Owner support available for 6-12 months.
Reason for Selling:
Owners are selling a portfolio of businesses.
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Business Listed By:
Marshall

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