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Business For Sale
TEX-MEX RESTAURANT BAR & GRILL
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Asking Price: |
$110,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Owner is moving to Austin to transfer with his job. |
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Year Established:
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2000 |
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# of Employees:
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11 Part Time |
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Yearly Cash Flow:
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$83,215 |
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Yearly Gross Income:
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$444,000 |
Business for Sale Overview:
Full service restaurant/bar/grill. Beautiful decor. Restaurant serves a variety of foods, but mainly Tex-Mex dishes. The restaurant cost over $350,000 to build. Business is located across from many retail establishments such as Wal Mart and other large stores. Energy corridor including Conoco and Phillips are headquarter nearby. There are also many hotels in the area. Seating capacity for 114. Food is good and the area is growing fast. Many subdivisions and office buildings are being built in the nearby area. Owner has full time job and also owns a deli shop.
Property Features and Assets:
3,815 square feet facility in strip center.
Market Competition and Expansion:
1. Need to increase promotions and advertising.
2. Develop catering.
Additional Details:
- The property is leased.
- The owner may be 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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