Sold
New Listing! Fantastic Finish-Out, Conversion Opportunity
Conversion opportunity in affluent, high traffic area of Dallas. The sellers invested over $400,000 in leasehold improvements, furniture, fixtures, equipment, games, camera systems, POS systems, phone systems and more. This is a great opportunity to take over the current concept that is in operation and enhance it through new menu items, marketing, 3rd party delivery and more or convert to your own concept. There are exclusions which include breakfast, barbecue, tacos, breweries, ice cream, boba tea and popcorn.
Asset/FF&E Included in Price:
$165,000
Intangible Asset Value:
$50,000
Trade Inventory included in Price:
$10,000
Total:
$225,000
Listed By: Aaron Evans
Background information
Reference:
TR1045
Year established:
2021
Reason selling:
Family and other business interests
Finance
Sales:
$540,000
Operations
Employees:
12
Equipment:
Included in asking price $165,000
Inventory:
Included in asking price
Premises
Facility:
Fully furnished, huge kitchen with 1,000-gallon grease trap, 12’ vent hood with fire suppression system, walk in refrigerator, walk in freezer, undercounter bar fridges, 3 compartment sinks, hand sink, ice machine, grill, stove, hot prep line, cold prep line, small wares, arcade games, custom made booths, stylish bar stools, chairs, tables and more. Owners spent over $150,000 in equipment and installation. Equal to or greater than tangible net worth of guarantors. There is a maximum landlord administrative fee of $2,000 to execute the transfer of the lease.
Rent and lease terms:
$8,123 per Month
Location:
Dallas, TX
Opportunities
Growth:
A buyer can keep the current concept and add menu items and enhance the marketing or convert to another concept.
Price and terms
Price:
$30,000
Training:
Seller willing to train a buyer if they plan on keeping the current concept in place. Term is negotiable