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Breakfast and Lunch Family Restaurant with Real Estate

Tarrant County, TX

Seller Financing Available
Breakfast and Lunch Family Restaurant with Real Estate
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Asking Price: $1,339,000

Cash Flow: $206,914

Gross Revenue: $1,158,626

EBITDA: N/A

FF&E: $80,000

Inventory: $20,000

Established: 1995

Breakfast and Lunch Family Restaurant with Real Estate

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Business Description

Breakfast and Lunch Family Restaurant with Real Estate

Well established Family Breakfast and Lunch Restaurant that has been in operation for over 23 years. 85% of the staff has been there over 15 years. Absentee Ownership Opportunity with real estate attached in a high growth area of Tarrant County. Real Homestyle cooking with many items made from scratch from Gravy to pies. Weekend traffic is standing room only with a 20 to 30 minute wait for 4-5 hours each day. Well trained employees in all areas of the operation.

Detailed Information

Location:
Tarrant County, TX
Inventory:
Included in asking price
Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
They opened in June of 1995. The owner’s family has been in the restaurant business for over 50 years with multiple restaurant ventures and many of them are still in existence today. Quality service, fresh ingredients and the family atmosphere has set this restaurant apart from all the other with a track record of success.
Competition:
Independent Breakfast and Lunch style restaurants are one of the fastest growing segments in the industry. This restaurant is the one all the others in the area compare themselves against and it is what the competition wants to be. They are one of the few that serve breakfast all day.
Growth & Expansion:
Adding dinner menu Monday – Friday could increase revenue an additional $400K or 34% respectively. Catering through local businesses and events along with delivery from Door Dash, Uber Eats, etc. They sell over 700 pies each Thanksgiving and could expand the capacity through advertising and digital marketing.
Financing:
803400.00
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J. Darrow Graham

Business Listed By:
J. Darrow Graham

Transworld Business Advisors Grapevine

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