Established BBQ/Tex-Mex Restaurant for sell

Denton County, TX

Established BBQ/Tex-Mex Restaurant for sell
Contact Seller

Asking Price: $85,000

Cash Flow: N/A

Gross Revenue: $275,000

EBITDA: N/A

FF&E: $20,000

Inventory: $1,500*

Rent: $2,950 /Month

Established: 2016

*not included in asking price.

Established BBQ/Tex-Mex Restaurant for sell

Save Print Share Valuation Report

Business Description

Established BBQ/Tex-Mex Restaurant for Sale in Lewisville, Tx.

Established BBQ/Tex-Mex Restaurant in popular shopping center at the intersection of two major thoroughfares in the city. Very high traffic volume, lots of parking available and easy access from the street. Selling a variety of great Pecan smoked Texas BBQ and Tex-Mex dishes as well as homemade sides and desserts. Good delivery and catering business with repeat clients. Recently completely remodeled in 2015, with all new energy efficient appliances and equipment. Turn key and move in ready, just come in and take over operation. If interested in keeping BBQ operations, we will provide all training and recipes to new owners. If not interested in BBQ operation, location could easily be converted to Mexican, Italian, Cajun, Bakery, Deli, Cafe, or American Casual.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,005
Lease Expiration:
3/1/2020
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2005 Square Feet space, which was taken down to the Studs and completely remodeled in 2015. Restaurant is located in popular Shopping strip center anchored on each end by a big corporate restaurant and major retail store. The anchor stores drive a lot of traffic through center as well as a major bank with a drive through which lends visibility to the store from bank traffic. Rent for this center is very reasonable and utilities are low due to the efficiency of the appliances, low wattage LED lighting and new Air Conditioning units on the roof.
Competition:
Restaurant is located in a city with 100,000 people. There are only about 7 BBQ restaurants in the city and of those 3 are major corporate establishments leaving only 4 locally owned places. One of the locally owned places is take- out only no dinning room.
Growth & Expansion:
This business has plenty of room to expand especially with catering. There have been 3 major corporations that have relocated to the Lewisville area in the past 2 years including Toyota, and Mary Kay. There is also room next door to expand the size of the restaurant.
Support & Training:
Willing to provide training in our operations and processes up to 30 days to establish new owners in the business. All our original recipes are also included. Will introduce new owners to all regular catering clientele and help owners continue that relationship with customers to insure future catering orders.
Reason for Selling:
Recent life events
Franchise:
This business is an established franchise
Business Website:
http://www.Smokeyjalapenobbq.com
Contact Seller

Contact the Seller

Contact Seller Loading

Business Listed By:
Thomas Tyler

Show Phone Number

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1595579 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings