MergerPlace

Street Style Food And Desserts Eatery

North Dallas, Texas (Collin)


  • Asking Price: $50,000
  • Gross Income: $66,000
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: $1,500
  • FF&E: $10,000
  • Listing ID: #219528
  • Established: 2019
  • Employees: 1FT/2PT

Business Description

Office ID: #000968

Unique concept restaurant offering multicultural fusion street food on the go foods located in the old town of the city in North Dallas is now available for acquisition. This business was originally established by the current owner in 2019. This unique restaurant is located in a 1,400 SF space of a retail strip center in the center of the city's old downtown that is next to a heavy traffic intersection and numerous retailers that attract a large number of people to the area as their weekend destination. This multicultural fusion restaurant serves sweets and a variety of on the go food items from several cultures, such as mangoadas, boba teas, Japanese crepes, Taiwanese ice cream, Greek waffles, Mexican popsicle, Italian gelato, coffee, smoothies, tacos & hot dogs, and snacks. Few competitors are within the immediate market area, but this is the only restaurant offering on the go foods while other competitors are formal restaurants that cater to different demographics. The majority of the customers are locals from the surrounding densely populated residential area, visitors from the metroplex, as well as employees from nearby offices and businesses. The sales are minimal at the moment, however, with its prime location and strong product line, coupled with pro-active marketing and new owner's active involvement in day to day operation will bring the sales up. Although some online marketing is in place through the website and social media outlet, more pro-active marketing methods such as loyalty programs, direct mailing, flyers, specials, etc. need to be utilized to achieve maximum income capacity as well as growing the customer base beyond the immediate market area. Improving the current menu by offering pastry goods to morning customers will help not only expand the customer base but also will help in generating much more revenue. This business has done very well with its groundworks and is poised for next-level growth. A potential buyer must put a lot of effort into promoting the business to expose itself to local customers by proactive marketing as it has been only open for less than a year.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Texas
Metropolitan Area: North Dallas
County: Collin

Company Information

Year Established: 2019
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1FT/2PT

Financial Information

Asking Price: $50,000
Gross Revenue: $66,000
FF&E: $10,000
Inventory: $1,500
Seller Financing Available: No

Property Information

Facilities:

This business is located in 1,400 SF space of retail strip center in the heart of the city's old downtown that is next to a heavy traffic intersection and residential neighborhoods. Major equipment is brand new and in impeccable condition and in excellent working order.

Growth & expansion opportunities:

Online marketing is in place as well as its own website, but other direct and local marketing tactics need to be utilized to reach its full financial potential.

Competition:

Few competitors are within the immediate market area, but this restaurant is the only one serving a variety of street style food with quality products.

Reason for selling:

Relocation

Support & Training:

Owner will provide a sufficient training for an agreed upon period to make the transition into the business as seamless as possible.

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Business Listed By:

V-AID Group

www.v-aidgroup.com