Established Grill in Burnet County TX - 24430

Not Disclosed, TX
Burnet County

Burnet County, Texas

Asking Price: Annual Revenue:
$399,000 $697,300

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Established Grill in Burnet County TX - 24430 Broker: Jeanie Giagni
Owner Financing is Available!
$150,000.00 Down & $249,000 balance payable at 7% for 48 months.

Quick Facts

Asking Price: $399,000
Annual Revenue: $697,300
Net Profit: Not Disclosed
Cash Flow: $122,109
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 24
BBN Listing #: 3834447
Broker Reference #: 24430

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Business Overview:

This listing is a wonderful and unique Southern country restaurant and established specialty food store, providing the buyer with a tremendous opportunity to own and operate the #1 restaurant in the area. This restaurant has an excellent reputation for quality and customer satisfaction, and it is central to many civic functions throughout the year. Building is a historic structure, with preserved pressed metal ceilings and custom woodwork throughout. This spacious 6,000 sq. ft. facility will accommodate private parties, business functions and catering. The business currently sells specialty foods and gifts, such as canned veggies, chocolates and salsas. Owner has recently obtained a beer and wine license that has positively impacted sales. Current owners hold live music events and other entertainment in the facility, and new owner can increase this activity to increase sales. A well-known location throughout the area and state, this business has been mentioned in over 900 publications, and local radio and television personalities support, and are regular customers of the restaurant. This business is perfect for a restaurant operator looking for a business to be family-run. Restaurant has an efficiency apartment in the back of the restaurant, making management and relocation an especially easy process. Current owners recently spent $40k on interior renovations. Restaurant has unique one-of-a-kind intrinsic value and little competition. The business was also featured on the hit TV show Texas Country Reporter in March 2017. Seller of the business indicates that the current landlord may be interested in selling the real estate to the buyer of the business, so real estate may be available directly from the owner of this real estate. Contact broker for more details.

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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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