Brazilian Steakhouse - Leading Texas Brand

Not Disclosed, TX

Asking Price: Annual Revenue:
Not Disclosed $7,900,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Brazilian Steakhouse - Leading Texas Brand Broker: Ron Hankamer

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $7,900,000
Net Profit: Not Disclosed
Cash Flow: $2,100,000
Total Debt: Not Disclosed
FF&E: $640,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 85
BBN Listing #: 275344107
Broker Reference #: 76931-167561

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Business Overview:

Rare opportunity to acquire a well-developed brand that currently includes multiple upscale family-owned Brazilian steakhouse restaurants.

Since its first location opened in 2008, the brand has been honored with many awards for culinary excellence and customer service. Its elegant settings and upscale menu make its locations attractive venues for fine dining and special events. Demonstrating impressive growth in recent years, combined revenue for 2021 was over $6.7M, with adjusted EBITDA of over $1.8M, and projected revenue and adjusted EBITBA for 2022 total over $7.9M and $2.1M, respectively.

Combined square footage of approximately 22,500 square feet with a seating capacity of approximately 620 patrons.

The 3 restaurants are located in the Houston Metropolitan Area. The combined square footage of all three locations is approximately 22,500 square feet. The investment in leasehold improvements exceeds $1.2 Million. Two of the three restaurants are in free-standing buildings, and one location is in a strip center.

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Reason for Selling:

Other business interests.

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.

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