Profitable restaurant in ADDISON under same owner for 10 years

, Texas 14 views 0 favorites

Financial Highlights
Asking Price
$59,000
Revenue
$566,067
Business Description

This is NOT a Real Estate listing. Please do not submit any RE inquiries. It is a BUSINESS Sale listing. Buyer of this business must agree to a lease assignment from Seller or a new lease after acquiring the business. This is a BROKER's listing; please do NOT submit an inquiry for this business if you have NO intent to: 1) Complete & sign a Confidentiality agreement (a.k.a. Non-disclosure [NDA]) + be ready to submit a copy of your DL; 2) Respect SELLER'S business confidentiality by not disclosing Business info to third party or communicating with Employees and/or Customers; 3) Make advanced appointment/notify BROKER of your approach of SELLERs. 4) Other brokers/agents please identify and request a co-brokering agreement on your 1st contact of Listing BROKER. * Serious buyers only - must sign NDA & submit valid ID (no exceptions for this listing) Buyer of this business is guaranteed to have a 5-year lease as Seller has recently been approved by Landlord to renew the lease for another 5 years by the end of this lease's expiration. Restaurant has been under the same ownership for 10 years. The restaurant performed remarkably during the pandemic. Owner will prove sales figures. The pandemic has awakened Owner to the reality of how short life could be and the need to enjoy the rest of his days in retirement with his family after years of hardwork. Price NEGOTIABLE. Location: Addison, Texas Year Established: 2011 Number of Employees: 3 Real Estate: Leased Building Sq. Ft.: 2,591 Rent: $10,500.00 Per Month Facilities: Seller has been approved by Landlord to renew the lease for another 5 years by the end of this lease's expiration. Very spacious kitchen. Modern dining area with warm ambiance. Market Outlook/ Competition: Considerably good rent rate for its prime location. Growth & Expansion: Depends on Buyer's food concept.

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: 3 days ago

Views: 14

Favorites: 0