Upscale Steakhouse & Bar W/Ocean Views (RE Incl.)
Not Disclosed, TX Calhoun County
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- RE: Upscale Steakhouse & Bar W/Ocean Views (RE Incl.)
- Contact: Charles Miller
Quick Facts
| Asking Price: | $699,000 | |
| Annual Revenue: | $949,672 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $159,325 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $150,000 | |
| Real Estate: | $399,000 | |
| Year Established: | 2010 | |
| Employees: | 23 | |
| BBN Listing #: | 994332 | |
| Broker Reference #: | 76931-458735 |
Business Overview:
Own your own slice of heaven with this seaside restaurant that caters to higher end clientele along the Texas coast!
This well-established restaurant, bar, catering operation, and pie shop is on a growth trajectory, and can be taken to the next level with new ownership who is familiar with the industry and understands the value of owning the real estate at which you operate.
With views of the coastline, excellent food and drink options, and a prime location, patrons come from all over to dine at what is consistently voted one of the best restaurants in town.
There are many opportunities for growth, including expanding its catering operation, franchising, or tucking it in to your current portfolio of restaurants. The opportunities are almost endless--reach out for an NDA to learn more!
Founded in 2010, this restaurant & bar has a 2nd generation owner who has grown sales, refined the premises, and built a robust catering operation over the past few years.
The building itself was first constructed in the early 1900s, and is located in a prime location within the city. In short, the building and the restaurant are well-known icons in this community.
Potential Growth
-Expand existing catering operation
-Open for breakfast/ Sundays
-Host more events
Competitive Overview
This establishment is one of the nicest restaurants in the area and attracts patrons from a wide set of geography.
A large employer is in the process of building a flagship facility nearby, which will bring growth to the town and also to the business during the lunch hour. >>
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
retirement. Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
- View more Businesses For Sale in the same industry
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- Find a business broker
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