Rapidly growing Burger Joint in the focal point of a University town located North of Dallas is available for acquisition. This home-made burger restaurant was originally established in 2001 and was acquired in 2014 by the current owner and has rapidly grown since the 1st day of operation. Within the immediate market area several competitors with different concepts are in a 5 mile radius, but this business is the only burger joint with online ordering service and delivery in the local area. As stated earlier, this business is located in the epicenter of a University town which most customers are college students and employees of the University district. This business since 1st day of operation has had explosive growth in sales from $24,000/month in 2015 to an incredible $45,000/month in 2016 from the popular online ordering and delivery system. Proactive marketing is done through promotion of their chicken wings on a certain day of week and email campaigns for online/delivery orders. Adding beers from local breweries and brand name alcoholic beverages to the menu will be very beneficial as this burger joint is in the hub of the University town. New equipment has been placed to provide consistent great quality products such as burgers, wings, chicken tenders, wraps, sandwiches, and salads. Acquisition of this 1,600 SF facility is crucial if you're interested in a business with swiftly growing sales and located in a prime location. Relocation is also available for the Buyer who wishes to not extend the lease month by month which started in January of 2016. All equipment, delivery customers, and business name will be transferred to the new location that includes the current phone number with their website. Since the majority of the sales come from Delivery (80% of gross sales), relocation to a cheaper location with low rent could be extremely beneficial to the revenue this business generates. The business speaks for itself through the rapidly growing sales and success in the local area.
Furniture, Fixtures & Equipment: $50,000 (Included in listed price)
Inventory: $3,000 (Included in listed price)
Financing: 100% down at the time of closing.
Year Established: 2014
Facilities: This facility is located in a 1,600 SF retail strip center and in the hub of a college town. All equipment is in excellent condition and in working order. Lease is month to month at this location, but also has the option to relocate to a new location with all existing equipment and other valuables (customer list/delivery list).Support/Training: Owner will provide training during a 3 week period for a smooth transition into the business.
Reason Selling: Other Opportunities.
Competition: In the immediate market area there is a couple competitors which cannot be avoided as being in the hub of college town, but due to completely different concepts and the competitors are without online ordering/delivery services makes a huge challenge for competitors to truly compete with this business.
Growth And Expansion: Ample amount of sidewalk space in front of the business can be utilized to create outside patio for more seating and used as an eye-catcher to bring in more customers. Also addition of local beers and well-known alcohol brands can be a great attraction in the college epicenter.
Asking Price $99,000
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