Unique Multi-Concept 6-Location Restaurant Package

Not Disclosed, TX
Galveston County


Asking Price: Annual Revenue:
$2 $4,797,652

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Unique Multi-Concept 6-Location Restaurant Package Broker: Bobbi Coffey
Owner Financing is Available!

Quick Facts

Asking Price: $2
Annual Revenue: $4,797,652
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $900,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 97
BBN Listing #: 776644107
Broker Reference #: 76931-620231

Email or Print Listing

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Business Overview:

OPEN BID - OFFERS BEING ACCEPTED UNTIL JANUARY 5 2022. Cash buyers - minimum liquidity expected of $2.5M.

This is a unique opportunity to acquire multiple concepts that have been developed from the ground up, have proven customer appeal, exemplary menus, fun ambiance, neat locations and can even be franchised for state or nationwide expansion for a buyer looking for a major growth opportunity. Located in South Texas area, there are three main concepts of different cuisines, with one recently expanding to include a festivities and event hall. Due to confidentiality, the locations will be disclosed only after an NDA is executed. 2021 combined revenue was $4.8M, with COGS 35%, payroll 31% and rent less than 7%.

Managers are in place; exiting owner participates as needed and mostly provide remote, directional support.

Seller is reserved on providing tax returns on the various LLC’s. Revenue data, COGS, Labor and rental expense will be disclosed, along with employee census information. It is anticipated that those familiar with this industry will have a clear understanding of the profits of the business.

This is ideal for either an experienced restauranteur looking for a major addition across restaurant styles, or an owner operator ready to take on the challenge of running and an already established, successful, and turnkey set of restaurants.

First concept & location opened in 2014, and since then has evolved to three concepts in two distinct locations, with six operating businesses under three limited liability companies.

Substantial frachiseability, or the addition of new owner locations using any of the three cuisines / concepts.

Unique locations with leases that will need to be assumed. Potential RE purchase for one location may be considered by landlord. Details provided in CIM.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Divesting

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.

Relevant Links:

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