Absentee Run Restaurant & Deli For Sale

Business description

RE available for purchase - Appraised for $450K. If purchased, 2007 EBITDA $142,676 Profitable, well established restaurant and deli. In business for 21+ years in the Tarrant Country area, the company is famous for their award-winning breads and high-quality meats producing a solid repeat customer base. Various revenue expansion options exist for retail side of company. On a major thoroughfare in Tarrant County area, company is housed in 6,000 sq. ft facility - 3,100 sq. ft is dedicated to the restaurant and deli. Remaining area includes 2,900 sq. ft kitchen and bakery area. For additional information fill out a non-disclosure agreement. Jon Peters can be contacted.

Property information

Location:

Located on a major thoroughfare in the Tarrant County area, the company is housed in a 6,000 square foot facility of which 3,100 square feet is dedicated to the restaurant and deli. The remaining area includes a 2,900 square foot kitchen and bakery area which produces the home-made breads, meats, desserts and pastries sold out of the deli/bakery and restaurant. Facility is located on 2.1 acres of commercial real estate and is available for an additional $450,000.

Other information

Expansion potential:

Thus far, the owners have utilized word of mouth advertising as their main marketing strategy. While successful to this point, a more comprehensive plan in needed in order to drive future sales. The three major areas of potential growth include the review and possible expansion of the current menu, sales of meat and bakery products on a wholesale basis to surrounding retailers and expansion of ready-made, meals packages for retail purchase.

Competition / Market:

The company's target market is Tarrant County and surrounding areas. Its typical customer is looking for quality, home-made meals as well as retail meat and bakery products that emphasize quality, value and convenience. The company has met and exceeded this expectation. As a result, it has built a solid customer base that has produced a strong flow of repeat business as well as attracting new customers to the retail deli and bakery.

Support & training:

Seller will provide 80 hours of training.

Reasons for selling:

Retirement

Trading hours:

Hours of Operation: Sunday – Wednesday: 8 a.m. to 3 p.m. Thursday – Saturday: 8 a.m. to 9 p.m.

Financing available:

SBA Pre-Approved with 20% Down

Inventory / Stock value:

$10,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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