Restaurants For Sale in Texas Serving Global Cuisine
Asking Price: | $440,000 |
Gross Revenue: | $1,002,737 |
FF&E: | $125,000 |
Cash Flow: | $227,454 |
Inventory: | $7,000 |
Established Year: | 2009 |
Restaurant for sale in Texas serving American food. 12-year established traditional American restaurant in far Northeast Dallas is now available for acquisitions. This business is an authentic American restaurant and has been loved by locals over the past 12 years of operation. The restaurant was established by the original owner in 2009 and was acquired by the current owner in 2011. Various American traditional food items are provided at this restaurant, ranging from appetizers, salads, soups, entrees, signature steak & shrimp, burgers, sandwiches, kid's menu, desserts, beer & wine, etc. The restaurant offers a brunch buffet on Sundays only. Most customers are Caucasian individuals and families; most are residents from nearby residential areas.
Gross sales of this business have grown consistently for 12 years at around $900k per year. Current monthly sales are about doubled since the current owner's acquisition in 2011. Revenue decreased slightly in 2020 due to Covid-19, but it has fully recovered in 2021 and is now on track to exceed 2019 (pre-Covid year). The current sales exceed $100k/month and are estimated to reach $ 1.1-1.2 million/year in sales for 2021.
Acquisition of this 12-year established authentic American restaurant will give a new owner access to a well-established restaurant with considerable cash flow and a solid customer base built for more than a decade that can be further expanded thru proactive marketing and by tapping into new business opportunities.
Listing ID #001111
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