Murphy Business Sales is pleased to present to suitors who are in the “Restaurant” space. This family owned restaurant has a loyal, dedicated customer base with a solid reputation including being voted “Best Neighborhood Restaurant” in D Magazine the last four years. They provide unique and high quality items offering a home style Café setting and a Market for shopping customers looking for unique and favorable menu items to take home.
It offers three solid revenue streams including:
A sit-down cafe specializing in hot & cold sandwiches, oven roasted chicken & fish, fresh homemade soups and side salads.
A country market shop with old fashioned casseroles, meatloaf, smoked brisket, schnitzel, sausages & bakery items (both fresh and frozen options).
A catering department that offers a wide variety of ethnic cuisines from Mexican to BBQ to Steak & potato. Included in their menu items are world famous cheese dips: pimento, pecan cheddar, smoked Jack, spicy artichoke, crunchy spinach and many more unique offerings.
Breakdown of products/service by Sales Volume:
Sit Down Café: 50%
Prepared Meals Market: 30%
Outside Catering: 20%
Business has over 10 employees including 6 Full Time and 4 Part time. There is an experienced Kitchen Manager that is a key employee in operations with over 8 years of experience in this role. They have had a low employee turnover with a solid, experienced staff.
The business is run by a husband and wife. The husband manages the financials and scheduling. The wife monitors the day to day operations, sales and purchasing.
The Restaurant/Market shop sets on a strip mall property with a 4,300 sq ft. It takes up 3 strip mall store fronts. The property is situated in an extremely fast growing location in Collin County Texas. Monthly Rent is $6,600. The current lease expires in Nov 20, 2020. Options to renew 3 year increments. They have a good relationship with the property manager/landlord.
Expand Hours Open for Dinner (Could expect 30% Rev increase) Open for Sunday Brunch (Could expect 3-5 K per day) Open for Breakfast (Could expect 20% Rev increase) Increase Marketing and Advertising Expand Catering
The restaurant provides excellent customer service, and performs well in a competitive market.
Owner is retiring.
The owners monitors daily operations - they have a general manager that manages the business on a daily basis. Willing to train for 4 weeks @ no cost.