Tex-Mex Restaurant inside major hospital

, Texas 11 views 0 favorites

Financial Highlights
Asking Price
$155,000
Revenue
$235,000
Business Description

This take-out restaurant is located inside a major hospital in Dallas. The rent includes all utilities, maintenance of dining area and restrooms, trash, security and parking for owners/employees. This unique location provides captive customers, which enabled the restaurant to profitably stay in business even during the worst pandemic situations. Take-home profit in 2021 was $75K, which is a 40% drop from pre-pandemic period. The drop is due to restrictions in number of visitors and reluctance of general public in visiting a hospital during pandemic. The restaurant will go to pre-pandemic level once the overall situation improves and hospital starts allowing normal level of visitors. The restaurant currently has 2 full time employees, including one owner family member. This is a good restaurant with clean and safe environment. Please only serious inquiries, so we can all respect each others time. Location: Dallas, Texas Year Established: 1985 Number of Employees: 2 Real Estate: Leased Building Sq. Ft.: 1,057 Rent: $3,330.00 Per Month Facilities: The restaurant has all equipment necessary to operate, only leased equipment is the fountain machine owned by Pepsi. All other equipment are owned. The restaurant is liable only to manage the kitchen area, hospital maintains the dining areas, restrooms, trash pickup, security and parking lots. Market Outlook/ Competition: It is located in the main building of a major hospital in Dallas. There are other restaurants inside the hospital. Hospital has multiple building, not all buildings have a restaurant. Food taste and service speed (during employee lunch) can set you apart from competitions. Growth & Expansion: The restaurant is open Monday to Friday. The current owner reduced hours since start of pandemic and chose to manage with fewer employees, increasing hours is another opportunity to increase sales. The restaurant does not participate with Doordash, Uber Eats or anyone else, however, owner is currently evaluating delivery options to patient rooms. Uber Eats or other delivery option can be helpful. The profit is currently 40% less than pre-pandemic levels, sales will automatically grow once pandemic environment is over.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 4 days ago

Views: 11

Favorites: 0