Seller's Contact Information
- RE: Amazing Family-Friendly Restaurant In Texas.
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $1,500,000 | |
| Annual Revenue: | $1,780,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $441,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 197,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2002 | |
| Employees: | 38 | |
| BBN Listing #: | 625244107 | |
| Broker Reference #: | 76931-834212 |
Business Overview:
This restaurant is well established and has been in the Katy area for many years. The business is in a prime commercial, restaurant and retail area. The restaurant is in a free-standing building with excellent street frontage and visibility. The owner has maintained and replaced all equipment and fixtures over the years. Current technology is used to assist the owner in business operations.
The restaurant has excellent reviews 4.5 Stars on Google with over 1,000 Reviews. In addition, the business has a significant following base on Facebook with more than 5,000 followers along with an average of 4.5-star review. The restaurant offers a Texas casual comfortable vibe with a menu full of family favorites.
The owner is looking to retire. The revenues and profits continue to grow and with a strong take-out business survived the pandemic. Revenues for 2021 were $1.78M with sellers’ discretionary earnings $441,000.
Opened for business in 2002 and have been in operation ever since. The menu consists of traditional comfort food like mom used to make. Mac & cheese, hand-pressed half pound burgers from fresh beef, country gravy with a touch of bacon grease for flavor. Won several awards for the chicken fried steak. The owners have always taken pride in their menu. Strong support for local sports teams.
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Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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