Package of 2 High Volume Fast Food Restaurants-Dallas Metroplex

Dallas County, TX
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Asking Price:$3,500,000
Gross Revenue:$6,261,910
Rent:$11,200/Month
FF&E:$120,000
Cash Flow:$1,022,898
Inventory:$50,000
EBITDA:$799,178
Established Year:2014
BUSINESS DESCRIPTION

Opportunity to purchase a package that consists of 2 operating, extremely profitable, high volume fast food restaurants with beer, wine & alcohol sales located in 2 rural towns 30 miles southeast of Dallas. Absentee owner not involved too much in the day to day operations who operates the business with a general manager Annual sales continued to trend up during and after the pandemic. Very unique concept with limited competition. Approx. 35% of the revenue is pick up & drive through. Primary source of revenue is food with alcohol sales at only approximately 8-10% of total sales. Very high food quality & consistency. Not much serious competition as the chicken fast food franchises typically prefer more populated urban locations. Very large trade area. Customers of these restaurants are typically destination oriented and have been regulars for a very long time. Adding seafood items to the menu would boost sales even further

OWNER MOTIVATED TO SELL NOW!! The owner’s vision is to build a brand name and open multiple locations throughout the Dallas/Fort Worth metroplex. The concept with the new restaurants is more of a bar & grill atmosphere emphasizing alcohol sales. These 2 being sold are the original operations that have remained unchanged since the seller bought them back in August of 2019. They are more family friendly atmospheres geared to the dine in & drive through customer. Encourage all prospects that are concerned with a seller competition issue to visit the new operations to see the difference between the concepts. Needs to sell these 2 to free up capital and time to focus on the new operations. MAKE ALL REASONABLE OFFERS!! All sales revenues and cash flows stated can be supported with the proper financial source documentation including filed federal tax returns.

Seller will provide some on-site training after the purchase, assist in securing retention of employees and transfer of supplier relationships & provide on-call telephone assistance after completion of the training.


DETAILED INFORMATION
Location
Dallas County, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,262
Lease Expiration
01/09/2029
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Both fully equipped fast food restaurants capable of serving very high volume sales. One restaurant is 3,262 square feet and the other is 3,060 square feet with each paying a base rent of $9,833.61 per month plus additional rent of $1,367 per month for real estate taxes and building insurance for a total monthly gross rent of $11,200 per restaurant. Both premises leases expire on September 1, 2029 and each contains a 10 year renewal option with the base rent tied to the prevailing market rate upon renewal.
Competition
Not much serious competition as the chicken fast food franchises typically prefer more populated urban locations. Very large trade area. Customers of these restaurants are typically destination oriented and have been regulars for a very long time.
Growth & Expansion
Adding seafood items to the menu would boost sales even further
Financing
Financing is available from a 3rd party SBA lender for buyers with sufficient credit,
Support & Training
Seller will provide some on-site training after the purchase, assist in securing retention of employees and transfer of supplier relationships & provide on-call telephone assistance after completion of the training.
Reason for Selling
To free up owner’s time and capital to focus on expanding the operations & the b
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Stocker
Travis
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Stocker Travis