Business For Sale

Longstanding Restaurant with Real Estate

Cleveland, TX
Liberty County

Asking Price: Annual Revenue:
$925,000 $477,127

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Longstanding Restaurant with Real Estate Broker: Carmen Hanna

Quick Facts

Asking Price: $925,000
Annual Revenue: $477,127
Net Profit: Not Disclosed
Cash Flow: $18,136
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 717444107
Broker Reference #: 76931-91004

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Business Overview:

A reputable, longstanding restaurant in beautiful surroundings that has been at its current location for 30 years. The restaurant is located about an hour’s drive north of Houston. Known for its quality and reputation, it is open to the public at weekends and caters to corporate events and conferences on weekdays. A number of wedding events have been held on its stunning grounds, and this is a good growth opportunity for a new owner. The business is being sold at an asset value of $125,000.The restaurant stands on 4.6 acres of land and the real estate can be also purchased separately at a price of $800,000. Ideally suited for an ambitious buyer who is passionate about maintaining the quality and reputation of the restaurant while enhancing the services to take it to the next level!

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Reason for Selling:

Other business interests.

Additional Details:

  • The property is owned.
  • 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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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