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Location Quick Serve Mediterranean For Sale

East Dallas, Dallas County, Texas, US
Asking Price:
$69,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$150,000 (USD)
Cash Flow:
Available on request

Quick-serve Mediterranean cuisine restaurant in a top-notch enclosed mall in East Dallas is now available for acquisition. The restaurant was established in 2019 by the current owner of the business. The restaurant is occupied in a 200 SF space of food court in a prime shopping mall located in East Dallas. This premier shopping mall that houses this business is conveniently located in a prime location just off the major highway with tremendous traffic and is surrounded by densely populated neighborhoods with the enormous presence of retail chains all around. Various menu items are provided at this Mediterranean restaurant that ranges from appetizers, soups & salads, pita, Kabob, platters, sandwiches, wraps, desserts & beverages. Most of the customers are in various ethnic groups consisting of individuals and families that have large amounts of disposable income to shop in the premium shopping mall coming from the surrounding neighborhoods and adjacent cities. Competition is expected with other types of restaurants in the food court of the mall, but this is the only Mediterranean restaurant in the mall. Gross sales of this Mediterranean restaurant have been in the range of $140K to 160K per year during the most recent year without any pro-active marketing. The sales are expected to be higher this year as this location opened in 2019 is rapidly growing every month in a double-digit rate. Although minimal marketing is in place, various marketing tactics need to be utilized such as more online and social media outlet presence, 3rd party delivery, direct marketing, coupons, daily special, etc. to acquire new customers from untapped areas of the city. Marketing efforts into catering services to schools, corporations, public agencies, etc. can also greatly improve sales as the catering business has remained untapped by the current owner. This is a great opportunity to acquire a well-established, fast-growing Mediterranean restaurant inside a premier shopping mall for any potential buyer who is willing to be more hands-on in the day to day operation and do more proactive marketing to reach out to untapped areas of the city.

Property Information

Real Estate:

Lease

Location:

This business occupied in a 200 SF space of a premier shopping mall in East Dallas. This shopping mall is optimally placed next to major highway and is surrounded by numerous residential areas and enormous presence of business chains which can attract tremendous traffics to the area.

Size in square feet:
200 SF

Business Operation

Expansion Potential:

Minimal marketing is done and proactive marketing methods are needs to be fully utilized to achieve maximum income potential.

Competition / Market:

This business is the only restaurant serving Mediterranean food in the mall's food court that the business occupied.

Reasons for selling:

Other opportunities

Employees:
1FT/1PT
Years established:
2019

Other Information

Support & training:

The owner will provide sufficient training for an agreed-upon period to make the transition into the business as seamless as possible.

Financing available:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers.

Furniture / Fixtures value:
$10,000 (USD) - included in the asking price

Contact V-AID Group

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