Homemade gourmet burger restaurant made famous through a nationwide food channel is available for acquisition. Established in 2010 and was relocated in 2015 by the current owner. One competitor is within the immediate market area, but long exposure of this business on the food channel has built constant stream of customers. Majority of the customer foundation consists of age 40+ individuals and customer who visit during special events such as sporting events. Sales were around $725,000/year in 2015 with an expected increase to $750,000/year in 2016 after local marketing is proactively completed. Currently proactively marketed in social media websites and newspapers seasonally, but since the airing of this restaurant on the food channel has created consistent demand for this restaurant as word of mouth spreads. During seasonal promotions, sales increase instantly as these are times most individuals are free of time from school and/or work. Originally was designed for a steakhouse which explains the 5,000 SF facility which could be used to provide more seating and other accommodations. Surprisingly the 5,000 SF facility has an extremely low rent for the sheer size of this homemade burger joint and the size of this restaurant provides very ample kitchen space to work in. Products provided at this gourmet burger joint is their famous signature burgers with char-grilled ground beef, salads, gumbo, chicken strips, variety of sides, and desserts. This business is already a very successful gourmet burger restaurant, but has yet to reach the full potential the sales could be at in the later future.
Furniture, Fixtures & Equipment: $60,000 (Included in listed price)
Inventory: $4,000 (Not Included in listed price)
Financing: 100% down at the time of closing or 50% cash down with SBA Financing for Qualified Buyers.
Year Established: 2010
Facilities: Almost 5,000 SF of space along with a private party room including a stage provides for ample seating and great scenery. All equipment is in impeccable condition and in working order.Support/Training: Owner will provide training during a 4 week period for smooth transitioning into the business.
Reason Selling: Health Concerns.
Competition: One competitor is within a 5 mile radius of this business, but due to the earlier recognition of this business on the food channel allows this business to attract more customers and have a dedicated customer foundation.
Growth And Expansion: As a famous burger restaurant featured in a nationwide food channel, this business has been marketed out towards a wide array of individuals. Owner also does seasonal ADs which increases sales instantly and provides great deals.
Asking Price $189,000
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