Owner Financing is Available!
Business Overview:
MegaBite Restaurant Brokers, LLC offers, for your ownership consideration, a Texas Country Bar and hometown casual café in a charming, rustic building. This is a destination entertainment center and customers drive far and wide to eat and drink here! Featured in movies, travel and D magazines, this county-lore filled cafe serves famous chicken fried steak and hand cut upper choice Black Angus steaks. Hand-painted wall murals attract visitors. Open mainly for lunch and dinner, diners have been demanding that the hours be extended. The bar has featured Texas Country live acts that are known throughout the state. Talented acts like Josh Abbott, Johnny Cooper and Anthony Carter draw Saturday night crowds of 300+. The owner invested $75k in a Peavey 24 channel, 4 mixer professional sound system used for live acts, karaoke and dance music. The cafe and bar complement each other. As the cafe crowd starts to thin out, the bar crowd starts to ramp up! The business has significant opportunities for growth including developing ~3200 Square Feet of upstairs banquet space, ~300 Square Feet cigar lounge and adding an outside bar/concert venue.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The Seller owns the +/-11,000 Square Feet free standing building on +/-1.5 acres. The Seller owns the property and will offer a long-term lease for $5,000/month including NNN. The building consists of ~8500 Square Feet main floor, ~3500+/- upstairs and ~ 500 +/- Square Feet outside patio with fireplace (new Feb 2010) located on ~1.5 acres with a concrete parking lot. The main floor houses ~3500 Square Feet restaurant and ~5000 Square Feet bar with separate entrances.
Market Competition and Expansion:
The restaurant is well-known state-wide and is a destination drive for many weekend tourists. The bar draws patrons from a state area and is growing!
Reason for Selling:
Owner planning to develop properties
Additional Details:
- The property is owned.
- The owner is not willing to train/assist 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.