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Sell your restaurant business in Texas - Dallas
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        Listing View:
Well Established Diner for Sale 18 plus years - Dallas, Texas
Well Established Diner For Sale 18 Plus Years
Dallas, Texas
 
Asking Price $800,000
Revenue $2,000,000 / year  
Cash Flow $200,000 / year  
Lease Rent $9,500 / month  
Square Feet 5000  

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Listing Description
 
FOR SALE Well established 18+ years, diner for sale in Dallas, located in a popular shopping district. Open 6 days a week Monday thru Friday 6am to 8pm Saturday 6am to 3pm Sunday closed. We serve breakfast, lunch & dinner that has been written up in such periodicals as: "D magazine, Dallas Morning News, Chanel 5 news, The Observer, and many other smaller publications" for being a great place to come and get some down home cooking food. We seat 160, and many times are at capacity with a line out the door. Staff is kind and courteous, and many have been here since the opening of the store 18 years ago creating many regular customers. Owner is wanting to move closer to his family who live too far away for a commute.
General Information
     Organization: Corporation
     Year Established: 09/1991
     Current Owners: 11/2004
     # of Employees: 30 full time, 2 part time
     Seating: 160 indoor
     Square Feet: 5000
     Parking: Lot
     License(s): Health Department permit, Sales & Use Permit
     Day & Hours Open: Monday thru Friday 6am to 8pm, Saturday 6am to 3pm, Sunday Closed
     Reason For Sale: Owner wants to relocate near family
   

Financial Information

     Revenue: $2,000,000 / year
     Cash Flow: $200,000 / year
     Payroll: $570,000 / year
     Inventory: $6000
     FF & E: $100,000
   

Lease Information

     Lease: $9,500 / month
     Expiration: TBD
     Yearly Adjustment: TBD
     Option: TBD
     Security Deposit: 9500
   

Financing Information:

     Down Payment: 0
     All Cash: 800000
     Note Balance: 0
     Rate/Term of Note: 0

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http://www.restaurants-for-sale.com/newsite/rro/listingview.asp?id=14257


Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Restaurants For Sale Online, LLC has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.
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Listing Contact:

Walter Johnson Ii
 
Phone:  214-208-4794
    Fax:  

 

                                                        
 
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