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Over 27,161 Vehicles Pass By this Location Daily–New Restaurant Ready!

Mckinney, TX (Collin County)

Seller Financing Available
Over 27,161 Vehicles Pass By this Location Daily–New Restaurant Ready!
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Asking Price: Get Financing: $98,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: $268,000

Inventory: N/A

Lease Rate: $6,450 /Month

Established: 2017

Over 27,161 Vehicles Pass By this Location Daily–New Restaurant Ready!

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Business Description

Highly Acclaimed Adriatica Village – Frequented with A High Volume of Customers

Located in a thoughtfully planned development, this company is situated on the corner of two heavily traveled roads. In 2015, traffic counts passing by this location registered over 27,000 vehicles. Also, its close proximity to major thoroughfares, the historic Downtown McKinney, Downtown Dallas, and major airports make this area a choice destination.

The enchanting nature of Adriatica Village lures many an individual to its unique area. Woven throughout this spectacular community are a wonderful balance of lifestyle and a sense of pride in community. Adriatica was modeled after the romantic “Eastern Adriatic” paradise of East Europe. Cobblestone streets, Old World Architecture, the Bell Tower near the waterside Bella Donna Chapel are all attractions here, which transcend one back to a far off land. Homes, villas, condominiums, apartment homes, assisted living residences (coming soon), retail, commercial, office, and restaurants generate a steady flow of residents and visitors to this area. Adriatica has great walkability.

This company houses a prime accessible position within the Village of Adriatica. Asset Sale - Full Restaurant with kitchen available at a reduced price. The $268,000 finish-out and furnishings of this new restaurant are tasteful, warm, and inviting. Established in 2017, this opportunity provides a perfect position for the new owner to begin immediate business income and enjoy the passion of food preparation without delay. Equipment has been recently purchased and is in great condition. Additional contiguous SF available. Landlord accepts any cuisine in this restaurant space. Favorable lease terms are available and landlord is pleasant. This is an asset sale.

TEXAS - Rated #2 for its housing of Fortune 500 companies, edging out California. Texas continues to see an influx of businesses relocating to the state. The Dallas-Fort Worth Metroplex is especially successful in luring large companies to the region. Already home to corporate giants such as AT&T, Frito Lay, and Pizza Hut, Dallas will be the new headquarters for Liberty Mutual Insurance, Fannie Mae, and Toyota. This business friendly/people friendly region is exploding with many competitive advantages creating a growth-oriented environment for businesses.

Contact Scot A. Jones Office PH: 214.495.9200 or email Jones@JonesCorporate.com for financial statements and additional information on this company.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,876
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Full restaurant with kitchen available for sale at a reduced price; Start up cost $268,000, and asking price is $98,000.
Growth & Expansion:
Additional contiguous SF available. Landlord accepts any cuisine style for this restaurant space.
Financing:
Negotiable
Support & Training:
Owner to provide training to purchaser to secure a proper and complete transition; training to be detailed on the Purchase Agreement.
Reason for Selling:
Asset Sale - Full restaurant with kitchen available for sale at a reduced price.
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Scot A. Jones

Business Listed By:
Scot A. Jones

The Jones Group

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