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Profitable Upbeat Mediterranean Restaurant with Hookah in North Dallas

Dallas County, TX

A profitable Hookah Lounge Med restaurant
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Asking Price: $374,500

Cash Flow: $500,000

Gross Revenue: $950,000

EBITDA: N/A

FF&E: $40,000

Inventory: N/A

Rent: $10,000 /Month

Established: 2018

Profitable Upbeat Mediterranean Restaurant with Hookah in North Dallas

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Business Description

This Live upbeat Mediterranean restaurant with Hookah is located in North Dallas (Richardson, Addison, Plano) on a busy thoroughfare is a HOT HOT listing which wont last. Completely remodeled restaurant with seating for 450 (indoor and outdoor). It grossed over $950,000(verifiable) and has a cash flow of $500k last year. Additionally breakfast and lunch could be added daily for upside revenue. Liquor license can easily be applied. It has an attractive dining room with amazing ambiance with live music. Large following on Social media with great food reviews. Priced right for quick sale - owner involved in bigger ventures. NDA and POF required before disclosing Name of restaurant.

Detailed Information

Location:
Dallas County, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
11,000
Lease Expiration:
6/15/2020
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This Live upbeat Mediterranean restaurant with Hookah is located in North Dallas on a busy thoroughfare is a HOT HOT listing which wont last. Completely remodeled restaurant with seating for 450 (indoor and outdoor). It grossed over $950,000(verifiable) and has a cash flow of $500k last year. Additionally breakfast and lunch could be added daily for upside revenue. Liquor license can easily be applied. It has an attractive dining room with amazing ambiance with live music. Large following on Social media with great food reviews. Priced right for quick sale - owner involved in bigger ventures.
Competition:
Great following and client base. Stand alone restaurant building.
Growth & Expansion:
Liquor license can easily be applied. Lunch and breakfast can be added to menu.Hookah permit included. City is no longer giving out Hookah pemits
Financing:
Live Upbeat Mediterranean Restaurant with Hookah
Support & Training:
2 weeks
Reason for Selling:
Owner involved in bigger ventures
Business Website:
http://lilusellstexas.com
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Contact the Seller

(from currently available funds)
 
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Lilu David

Business Listed By:
Lilu David

Beam Real Estate

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Memberships & Certifications:
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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