Established Freestanding Franchise American Restaurant with Drive-thru

Dallas, TX (Dallas County)

Established Freestanding Franchise American Restaurant with Drive-thru
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Asking Price: $340,000

Cash Flow: $175,000

Gross Revenue: $817,360

EBITDA: N/A

FF&E: $75,000

Inventory: $6,500*

Established: 1999

*not included in asking price.

Established Freestanding Franchise American Restaurant with Drive-thru

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Business Description

Prime location franchise American restaurant serving home-style cuisine placed next to a major highway is available for acquisition. This business was originally established in 1999 and acquired by the current owner in 2016. Most of the customers are Caucasian and African American individuals from all age groups that live in the surrounding densely populated residential neighborhoods and apartment complexes. Competition can usually be expected for this business industry, but there are no competitors within the immediate market area that competes with the same concept as this business. Gross sales average was $750,000/year that has been consistent over the last several years of operation due to the amazing location of the business and online marketing that is done on a regular basis. Proactive marketing and owner's pro-active involvement are crucial to the further growth of this business as utilization of local marketing tactics will bring new set of customers and grow the overall sales of the business. There are many ways to proactively market this business such as direct mailing, social media outlets, delivery services, 3rd party delivery service, weekly specials, coupons and full-time owner involvement. Owner involvement will help reduce excessive payroll expenses and increase the overall customer relationship with the business. As all the menu items were created to provide quick service, both dine-in and drive-thru are exceptionally fast and can handle sudden increase of customer orders. The menu consists of many traditional American cuisines such as fried chicken, grilled chicken, chicken fried steak, grilled fish, pot roast, breakfast sandwiches, desserts, and much more. Acquisition of this well-known franchise along with great marketing will provide what this business needs to reach its full potential.

Listing ID #000770
For more info, please call Kevin Chung at 1-866-519-2421.

Detailed Information

Inventory:
Not included in asking price
Employees:
6FT/5PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business is located in a 2,760 SF free standing building that is placed next to a major highway that has many residential neighborhoods of houses and apartment complexes. All equipment is in impeccable condition and in working order.
Competition:
There are no true competitors within the immediate market area of this business.
Growth & Expansion:
There is no marketing currently done, but proactive marketing methods are crucial to growing this business and acquiring new customers.
Financing:
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Bu
Support & Training:
Comprehensive training from the corporate will be provided in addition to owner's training for a smooth transition into the business.
Reason for Selling:
Other Opportunities
Franchise:
This business is an established franchise
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V-AID Group, Inc.

Business Listed By:
V-AID Group, Inc.

www.v-aidgroup.com

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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