Profitable Grocery Store & Restaurant! Sales>$54K/mo, Profit>$10k/mo!

This is a combination of two complementary businesses, Grocery Store and Restaurant, under one roof. Both businesses have separate entrance doors and a wall between them so each can entertain its respective customers independently. The facility is located on the main business highway of Frisco, TX with very heavy traffic flow. Both businesses are nicely equipped and generating good profits. The restaurant specializes in Mediterranean food that is well known for its health benefits. The grocery store mainly focuses on meat sales and other everyday use items. This business was established in December 2017 by the current owner. The owner has sub-leased the restaurant operation in December 2021 to a 3rd party to run. Both businesses are profitable and generating combined sales of more than $54K per month and profit of more than $10k per month. The current owners are selling the business due to relocation to another state. They would like to handover the business to a new and energetic entrepreneur who can take it to the next level. The business is being offered for 1.4x the cash flow, so this deal won't last long. The buyer is expected to profit handsomely from this deal. Location: Frisco, Texas Year Established: 2017 Number of Employees: 1 Real Estate: Leased Building Sq. Ft.: 2,970 Rent: $6,635.00 Per Month Lease Expiration: 1/28/2023 Facilities: This business is housed in a spacious and well-equipped facility in the prime business district of Frisco, TX. The facility has a covered area of 2,970 sq. ft. and monthly rent of $6,635 (includes NNN). The grocery store / meat shop and restaurant are nicely-equipped; restaurant has a large 18 ft. vent hood and 1,000 gallon grease trap. All the equipment is like new and in great shape. The restaurant has a seating capacity of 60 people. The current lease expires in February 2023. Market Outlook/ Competition: Although there are other grocery stores in Frisco, this business has a special meat shop. Even though the restaurant is in the early stages of developing its customer base, it has established a great reputation and goodwill among its clients. The restaurant currently has a loyal clientele that keeps coming back for the consistently good quality food provided here. Growth & Expansion: This business is expected to grow significantly under a new energetic ownership who can focus on marketing, especially on social media. Actual sales potential of these two businesses is significantly higher than current sales. There is a huge potential for growth in this market.