Profitable Greek Franchise with 2 Additional Premium Territories

, Texas 7 views 0 favorites

Financial Highlights
Asking Price
$500,000
Revenue
$1,251,781
Business Description

The business launched in March 2019, with steady financial improvements. All heavy lifting has been done to step in and run a profitable restaurant located in one of the most significant and most exciting mixed-use developments in the United States. Highly-rated and specializing in healthy, fresh, and authentic Greek meals, this restaurant shines as a fast-casual concept -- one of the fastest-growing segments in the restaurant industry. It is located as a corner tenant in one of the hottest developments in North Dallas with like-new FF&E and superior tenant improvements. The asking price includes handsome cash flowing and growing business, plus two other prime territories for future expansion. The owner works part-time in the restaurant and has management in place. Full-time owner-operator would gain significant additional owner’s benefit by eliminating payroll. The seller is relocating and has priced attractively below replacement value. However, the buyer will need to be approved by the franchisor, attend mandatory training, and pay the franchise transfer fee. The business launched in March 2019, with steady financial improvements. All heavy lifting has been done, to step in and run a profitable restaurant located in one of the hottest, fastest-growing developments in the Metroplex. This fast-casual concept is one of the fastest-growing segment in the restaurant industry. Highly rated and affordably priced below replacement value, this fast, casual restaurant is differentiated with fresh ingredients and time-tested recipes. There is not a lot of competition for quality Greek restaurants in the Metroplex. Excellent turnkey business to step in and grow. The area is slated for additional expansion over the next few years with unlimited potential. Location: Denton County, Texas Year Established: 2019 Number of Employees: 13 Real Estate: Leased Building Sq. Ft.: 2,210 Rent: $8,500.00 Per Month Lease Expiration: 10/1/2028

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: 6 hours ago

Views: 7

Favorites: 0