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Texas Business For Sale

 

RESTAURANT


Attn: Bill Busche
Galveston, TX, USA
Listing Number: "41103"
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Asking Price: $1.750.000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Restaurants, Fast Food, Deli
Reason for Selling: Retirement
Year Established: 1975
# of Employees: 23
Yearly Revenues: $491.945
Yearly EBITDA: $115.954



Business for Sale Overview:
This already growing and successful restaurant in Galveston Island, Texas, has great potential for additional growth under a new owner with fresh ideas and more energy. The restaurant features steaks and fresh-from-the Gulf seafood. It is known for its great food, reasonable prices, and relaxed atmosphere. The owners and staff provide detailed and personalized attention to ensure customers have a good dining experience. The employees have been with the restaurant for years and would remain after the business sale. The sale includes the restaurant’s 5,800-sq-ft building and 2 acres, which is located on a state highway and has plenty of parking. The building has a lovely inside dining room with a 112-person seating capacity. The restaurant has an outdoor tiki bar and a dining area with a 66-person capacity under a Mexican-style thatched roof. The restaurant is on a well-traveled road with easy access to the rest of the community. It serves a total population of 60,000 citywide and 250,000 countywide. The community is known for its great beaches and premiere resorts. The area is filled with art galleries, historical sites and parks. It is 40 miles from the fourth largest city in the United States and an international airport. The owners are willing to stay on for up to 30 days after the business sale to smooth the transition.



Additional Details:
  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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