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- RE: Great Restaurant-Hot Location-Super Cash Flow
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $2,460,800 | |
| Annual Revenue: | $1,129,856 | |
| Net Profit: | $344,322 | |
| Cash Flow: | $344,322 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $178,000 | |
| Real Estate: | $1,710,500 | |
| Year Established: | 2015 | |
| Employees: | 17 | |
| BBN Listing #: | 947400 | |
| Broker Reference #: | 240520 |
Business Overview:
This Restaurant is in a hot location on a major road that is being expanded to 4 lanes. They are building a new school, shopping center, and soon will have 10,000 new homes less than two miles away.
The growth potential for this restaurant is amazing. It could grow by 40% just by adding alcohol to the menu – not to mention all the booming growth that is taking place in the immediate area.
The restaurant seats 128 people and serves steaks, seafood, & American cuisine. Traditional American food with a big taste in all the dishes is featured and is the aspect that makes them unique. A sampling of their varied menu includes scrumptious dishes such as:
Steaks – Filet Mignon, Sirloin, Rib-eye
Fried chicken & catfish as well as grilled & fried chicken breasts
Seafood – Salmon, Tilapia
Italian favorites – Lasagna, Fettuccine Alfredo, chicken Parmigiana, & Tortellini
Big selection of burgers and subs
Soups, salads, sides, & desserts
The ambiance is truly refreshing and relaxing. And with their amazing “down home,” friendly service and great food, they are loved by their customers who keep coming back again and again! In addition to inside dining, their customers can enjoy their meals on an outside patio. They take reservations and provide catering for all types of events. This is one steakhouse customers enjoy tremendously and rave about afterwards.
This is an amazing offer for a stellar restaurant of incredible value – with or without land. Make sure you see this thriving business for yourself.
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Property Features and Assets:
The restaurant is 4,000 square feet and sits on 4.2 acres of land. If purchasing the business only, the lease will be $8,000 per month
Market Competition and Expansion:
Competition:Closest competition is 12 miles away.
Growth & Expansion:40% growth by adding liquor.
Reason for Selling:
RetiringAdditional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
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- Find a business broker
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