East Dallas, Texas Restaurant for Sale. Minutes from Downtown.
East Dallas, Texas Restaurant for Sale. Minutes from Downtown.
Buy this vibrant East Dallas, TX Restaurant for Sale, known for its delicious food, wine pairing dinners, wine tastings, and live entertainment. This restaurant is a popular neighborhood restaurant located only minutes from Downtown and Uptown. Owner nets over $60,000 per year.
This restaurant is surrounded by great neighborhoods and subdivisions. East Dallas, TX is experiencing tremendous growth, with 2022 Total Population within 1 mile being 38,779 and within 3 miles 195,453 from the restaurant. New apartment developments are found all around the restaurant location.
This unique restaurant for sale is perfect for special events and parties, and private rooms are available. The space is 2080 square feet with a monthly rent of $5500, including CAMS. The outdoor patio is available at the back of the building. Opportunity to have multiple restaurant concepts under one roof.
The current menu offers American and Italian food, buyers can keep the restaurant the same or convert to a new concept. The menu includes ceviche, meatballs, salads, pasta, salmon, and more. The average ticket price is $43/per person.
Sales are projected to reach 2019 sales numbers with over $640,000. The restaurant is only open five days a week, serving dinner. Great opportunity to increase sales by offering lunch hours, adding a full liquor license, and adding delivery.
Contact the Dallas Restaurant Broker at EATS Broker today about this exciting opportunity. If you have any questions, don't hesitate to get in touch with Restaurant Broker Dominique Maddox at 404-993-4448 or sales@eatsbroker.com.
Net Sales: $640,000
Owner Benefit: $65,000
Monthly Rent: $5,500
Square Footage: 2080
Lease Terms: Expires February 2025
Owner Financing: No
Reason for sale:
Retirement
Training and Support:
One week of training
Increase sales by changing bring your own bottle (BYOB) policy
The average ticket price is $43/per person
Only open five days a week, serving dinner
Known for wine pairing dinners, wine tastings, and live entertainment
Great location only minutes from Downtown
Dallas Restaurant for Sale