Owner Financing is Available!
Business Overview:
MegaBite Restaurant Brokers LLC offers, for your ownership consideration, a German food deli and restaurant located on a busy state highway in Granbury, Texas. Established in 1987 in a converted meat packing plant, Niesters serves authentic German cuisine and also offers American dishes paired with domestic and German beers and wines. They are known for their deli items, freshly baked breads, fried pies, and pastries. Sausage continues to be produced on site. Patrons travel far and wide to take advantage of their deli for wonderful meats, jerky, duck-liver pate, braunschweiger, breads, cakes, kolaches and cookies! In addition to the sausage and weinerschnitzel, they also offer a dessert menu with such offerings as apple and cherry pies, bourbon pecan pie, and chocolate, lemon and coconut meringue pies. Granbury is a fast-growing, lake community and is very popular with retirees. Populations swells on weekends, especially during the warmer months. Niester s revenue is split about 50-50 between restaurant and deli sales. The business is highly
seasonal with spiral ham sales spurring revenue during November and December. A manager change at the beginning of 2010 has adversely affected revenue and income. The business needs a hands-on owner-operator. Price $125,000 including $25k inventory and $150k furniture, fixtures and equipment. The restaurant is located in the dynamic and growing community of Granbury, Texas, located approximately 30 miles Southwest of Fort Worth, on US Highway 377. Nestled around Lake Granbury, Granbury offers a unique dichotomy of both historic attractions and present day accommodations and shopping. The population of Granbury is ~8,000 with an average household income of ~$62,000
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 building consists of 6,000 square feet with 1,500 square feet restaurant, a nice size seating area, full deli with adjacent office space, three walk-in coolers, bakery, sausage prep room, smoke room, fully equipped kitchen and prep areas, as well as two rest rooms all situated on 2 acres of land. There is also a new freezer on a slab in the rear. The seller owns the property and will offer a long-term lease for $2,500 per month plus triple net (Taxes $10,125 and Insurance $12,630 per year).
Market Competition and Expansion:
This is a strong location with excellent potential. A new owner can continue to grow the business and profits in several ways: Full time personal management, additional advertising, promote to local business, be more innovative with restaurant offerings, refresh the dining room decor, create web site offering spiral hams, sausages.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.