Business For Sale

San Antonio Restaurant with Catering Services

San Antonio, TX
Bexar County


Asking Price: Annual Revenue:
$1,200,000 $1,876,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: San Antonio Restaurant with Catering Services Broker: Bob Howells

Quick Facts

Asking Price: $1,200,000
Annual Revenue: $1,876,000
Net Profit: Not Disclosed
Cash Flow: $365,000
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 2000
Employees: 36
BBN Listing #: 211431127
Broker Reference #: S473

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Business Overview:

Nearly twenty-year-old restaurant with three distinct revenue sources is available for acquisition. The Buyer needs to have strong restaurant experience with the ability to grow this well branded and loved family style business. Food is American Casual.

The Seller wishing to retire and wants to assist the new owner with transitioning the brand to the next level, be it multi-location, franchise or licensing the concept. The Seller believes the business needs an active owner/operator to grow and prosper.

The Business consistently provides revenue of $1.8M revenue and $365,000 in adjusted cash flow. There have been significant capital investments in the business recently providing lower costs for the new owner. - 35% of revenue comes from high margin catering and there is an additional source of revenue that has great potential for growth.

The business comes with long term employees, loyal customers, and a strong brand in San Antonio. Below market value lease with over five years left on the term that is believed will transfer with the sale.

Buyer need to have restaurant industry experience and at least $300,000 liquidity. Seller is not able to provide any financing for the transaction. This is structured as an asset sale. This is neither an offer nor a solicitation to sell securities. For more information contact Bob Howells.

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Property Features and Assets:

2,300 square feet leased space.

Reason for Selling:

Retirement

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.

Documents:

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