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Established Mexican Restaurants with Bar - 3 Locations in N. Dallas
(Restaurants, Full-Service Restaurants)
N. Dallas - Texas
| Seller Financing: |
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| Lender Pre-Qualified: |
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| Listing ID: |
71700 |
| Office ID: |
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| Status: |
Active |
Listing Details
| Listed Price: |
$1,050,000 |
| Down Payment: |
$525,000 |
| Fiscal Year: |
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| Total Sales: |
$2,500,000 |
| SDE: |
$231,407 |
| EBIT: |
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| EBITDA: |
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| FFE: |
$400,000 |
Included? Yes |
| Real Estate: |
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Included? |
| Inventory: |
$20,000 |
Included? Yes |
| A/R: |
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Included? |
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| Sales Breakdown |
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| Reason for Sale: |
Retirement |
| Training: |
Seller will provide buyer training for a smooth transition. |
| Financing Terms: |
50% owner financing available to a qualified buyer. |
Operations
| Year Established: |
1998 |
| Last Acquired: |
1998 |
| Form of Ownership: |
S-Corp |
| Home Based: |
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| Relocatable: |
No |
| Type of Location: |
Strip Center |
| Absentee Owner: |
Yes |
| Online: |
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| Employees: |
Full Time: 2 / Part Time: 16 |
| Managers: |
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| Hours: |
11am - 10pm (Monday thru Sunday) |
| Owner Hours: |
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| Non-Owner Payroll: |
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| Franchise Info: |
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Location
| Lease Expire: |
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| Option: |
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| Lease Terms: |
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| Lease Security: |
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| Included with Rent: |
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| Building Size: |
4500 |
| Land Size: |
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| Seating Capacity: |
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| Facilities: |
All three restaurants are on prime street in N. Dallas. Unique interior of each restaurant gives family and fun atmosphere. All equipments are immaculately maintained. Private party room is equipped in one location. |
| Secondary Location: |
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| Business Name: |
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| Address: |
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Summary
| Business Description: |
Well-branded three (3) Tex-Mex restaurants all located on the prime street in N. Dallas are now available for sale as a package deal. Its first location was opened in 1998 followed by second and third location in 2003 and 2008, respectively. The restaurants offers quality service, authentic food and family fun atmosphere that made a lot of their customers come back and loyal. The menu features many authentic appetizers, salad, tex mex grills, house specialties, dessert, and more. Having three locations at a time gives a great buying power to the restaurant which is not only one of the competitive advantage this restaurant has but also one that enables the restaurant keep all the costs lower. This is a great opportunities to purchase three (3) well-established tex mex restaurants as a package deal to take many advantages of owning and operating three locations. |
| Historical Summary: |
Started its first location in 1998 followed by second and third location in 2003 and 2007. |
| Owner Qualifications: |
The restaurants can be run owner absentee. |
| Customer Base: |
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| Competition: |
Considering the prime locations where these three restaurants are in and such high demand in these areas, level of competition is somewhat moderate. |
| Potential Growth: |
Opening more locations under the brand and selling franchise could be great opportunities for these restaurants to grow. |
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