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Unique Turn-Around Opportunity for Best Burger in Dallas Restaurant!

We are selling our Mooyah restaurant in Collin County TX. This is an EXCEPTIONAL, high-visibility, high traffic location that generated over $900,000 in sales and $80,000 in cash flow in its first year of operation (opened December 2022). Health issues since then have essentially turned this into an absentee ownership situation and sales and profits have both suffered. We are looking for someone that has experience running a restaurant and has always wanted to own their own shop. Must be hands on and willing to work the store, build relationships with the guests, the community and the employees. We invested over $500,000 to open this restaurant (brand new!) in 2021 and we are willing to sell for $195,000. For the right person we are also willing to structure a great deal with $50,000 cash down and we will carry the balance of the selling price in the form of a 5-year note. We’ll even make it interest only for the first year! This means you can get into a brand-new restaurant with less than one year payback on your cash investment! This is a unique opportunity and we’re only willing to do this for someone that is clearly talented, motivated, and passionate about the business!
Listed By: Omar Kettani
Ad#:2291955
Listed By: Omar Kettani
Background information
Year established:
2022
Reason selling:
health
Finance
Sales:
$650,000
Operations
Employees:
10
Equipment:
Included in asking price $400,000
Inventory:
Not included in asking price
Premises
Facility:
Brand new quick service restaurant. This is a franchised concept and buyer must be approved by franchisor.
Rent and lease terms:
$6,353 per Month
Location:
Collin County, TX
Opportunities
Growth:
Well financed buyer will be able to secure additional territory from franchisor for growth.
Price and terms
Price:
$195,000
Financing:
$145,000 in a five year note at 8.5% interest. Interest only year one!
Training:
Franchisor provides 2 week training. We will supplement with an additional 2 weeks as needed.