New Listing. Profitable Hamburger Shop, Great Location.

Prime, corner location in Downtown Dallas. The business was established in the fall of 2019 by the current owners and survived the Covid 19 restrictions and closures of 2020. The current owners invested over $250,000 for finish out expenses and new FF&E purchases. Menu items include hand crafted burgers, grilled chicken, bone-in chicken wings, boneless chicken wings, cocktails, milk shakes and more. Sales are currently averaging $35,000 to $40,000 a month with a net profit margin of 11%. A new owner can keep the same concept, gradually convert to another or plan for a full conversion. Even though this has a franchise brand, the sellers pay no royalty or development fees to the franchisor. Technically, this an independently owned restaurant with no obligations to the franchisor. The business has a liquor license and a purchase of the LLC is a possibility to keep the license active and operating for a new owner. More information will be provided to qualified buyers who sign an NDA and complete a buyer profile. Location: Dallas, Texas Year Established: 2019 Number of Employees: 5 Real Estate: Leased Building Sq. Ft.: 1,243 Rent: $3,874.00 Per Month Facilities: The business is located on a high-profile corner within the Central Business District of Downtown Dallas. There is 1,243 sf indoors plus an approximately 1,000 sf covered patio. The FF&E was purchased new in mid-2019 and the business opened in November of 2019. Occupancy cost is good at 11% of sales. The target for most restaurants range 8% to 12% of gross sales. Market Outlook/ Competition: Competition is inevitable in the restaurant industry. This business enjoys being the only burger and wing concept in the general vicinity Growth & Expansion: A buyer could keep the current concept or convert to a new one. There are areas that could improve business sales such as a high-quality website with on-line ordering, increased social media impressions, relationships with reasonably priced 3rd party delivery services and relationships with the local visitors and convention bureau.