Restaurant

Not Disclosed, TX


Asking Price: Annual Revenue:
$250,000 $581,456

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant Broker: William ilgenfritz

Quick Facts

Asking Price: $250,000
Annual Revenue: $581,456
Net Profit: Not Disclosed
Cash Flow: $72,566
Total Debt: Not Disclosed
FF&E: $27,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 6
BBN Listing #: 98854955
Broker Reference #: 2603-15474

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Business Overview:

The neighborhood restaurant and tavern has been operating since 2000 and has been under current ownership since 2001. It has a solid foundation in the community and a great customer base.

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Property Features and Assets:

This business is located in a one-story commercial space that occupies 2105 square feet and has a partial basement. The property also contains a one-story four-bay self serve car wash which is not currently being utilized. Total land space is 17,056 square feet. There is free and ample parking for customers. Assets=$27,000

Market Competition and Expansion:

There are two bars in the area, but this business is a family-friendly restaurant in addition to being a tavern and has been in the community since 2000 with a reputation for its good food and service. There is great potential for growth as this restaurant is popular among local residents. Increasing the hours of operation, opening on the weekend and expanding the marketing plan could help this business grow.

Reason for Selling:

Owners are looking to retire.

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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