Office ID: #000953
A national franchise burger shop placed in the end-cap space of a West Dallas retail strip center next to a high-income residential area is available for acquisition. This business was originally established by the current owner that has operated perfectly with well managed cost-of-goods and labor expenses since 2015. Most of the customers are upper-class individuals from the surrounding densely populated high-end apartment complexes and corporate employees with large amounts of disposable income that come during lunch hours. Net sales average was $480,000/year that has been consistent throughout the last several years of operation with some marketing in place by corporate and social media marketing online. Although corporate marketing has brought ample amount of new customers, other proactive marketing methods needs to be utilized for this business to generate more cash flow and acquire new customers from the surrounding areas. Competition is expected for this industry, but this business is known for their easy accessibility and affordable price point on their menu items that is perfect for the demographics of the local area. There are many ways to proactively market this business such as direct mailing, flyers to apartments, catering service, hire management and expand the interior for more seating. Current owner of the business works full-time as an owner-operator and would benefit greatly by having management in place so the owner can fully focus on marketing as well as growing the business outside the operation. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day operations.
This business is located in a 1,982 SF retail strip center that is placed in front of high-end apartment complexes and beside a large number of retail businesses that consistently brings traffic to the area. All equipment is in impeccable condition and in working order.
Some marketing is in place through online ADs and corporate marketing, but other proactive marketing methods needs to be utilized to generate as much cash flow and customer acquisition as possible. Focusing on the catering operation will boost sales dramatically and acquire more customers.
Few competitors are within the immediate market area, but can't truly compete with this business due to the easy accessibility of this business and a more affordable price point that is perfect for the demographics of the area.
Other Opportunities / Moving out of state
The owner of the business will provide the necessary training needed to smoothly transition into the business operations.