Upscale, Profitable Restaurant in Frisco, Texas

  • Listing# : 13741
  • Listed Price : $845,000
  • Total Sales : $2,095,884
  • SIC : 5812
  • Down Payment : $845,000
  • Status : Active
  • Discretionary Earnings : $253,873

Business Type :

Restaurants / American Restaurant

Business Description :

Classic, long standing neighborhood bistro setting in a friendly, casual atmosphere that has a devoted following with locals and frequent visitors. Located in an upscale retail shopping center in a rapidly expanding community in Collin County, this restaurant is noted for it's baked goodies, desserts and classic French entrees. There are several positives for a new owner:
1. Experienced general manager in place that will stay on with the sale.
2. A portion of this restaurant was newly refurbished in 2016.
3. The current owner is wiling to finance a minority portion of the sale price for the right buyer.
4. Current owner will work with a new owner on a smooth and orderly transition.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $310,202
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $13,441
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $373,685
    • Incl : Yes
    • Total Assets $697,328
    • Incl : Yes

Lender Prequalified: No

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