NOT DISCLOSED, Texas
| Asking Price |
$1,450,000 |
Year Established |
1991 |
|
| Annual Revenue |
$3,703,777 |
Reason for Selling |
retirement |
|
| Annual P/L |
$0 |
Attention |
Bobbi Coffey |
|
| Annual Cash Flow |
$383,252 |
Listing Number |
1009229 |
|
| # of Employees |
74 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Two locations, plus 2 real estate parcels. Business sale price $1,450,000; Real Estate sale price $1,340,000, for a total of $2,790,000. The ideal buyer will be an experienced restaurant operator. Private funds required; not SBA eligible for the business. Only buyers interested in acquiring the real estate and business will be considered.
Well-established, multi-location full-service restaurant concept located in the South Texas coastal market. The business generates approximately $3.7 million in annual revenue and is supported by a strong, long-standing customer base consisting of both local and tourism-driven demand.
Operations are fully staffed with management in place at both locations, allowing for minimal owner involvement. The current structure provides operational stability while also presenting a clear opportunity for a more active owner to improve efficiencies and enhance profitability.
The offering includes owned real estate at both locations, providing long-term control of occupancy costs and additional asset value. Facilities are fully built out with a complete set of furniture, fixtures, and equipment, supporting a turnkey transition for a new owner.
This is a rare opportunity to acquire a scalable, two-unit platform with an established brand presence, consistent revenue, and identifiable upside through operational optimization and targeted growth initiatives.
Property Features and Assets:
<p>Two separate commercial real estate facilities. Details to be shared after execution of NDA and verification of buyer. RE is required to be purchased in addition to the business.<br></p><p><br></p><p>The business was originally established several decades ago and has grown into a well-recognized, multi-location restaurant concept within the South Texas coastal market. Over time, it has developed a strong reputation for consistent quality, customer experience, and community presence.<br><br>The second location was added to expand the brand’s footprint and better serve a broader mix of local and regional demand. Both locations have operated successfully under the same ownership for many years, benefiting from long-tenured staff and established operating practices.<br><br>The current ownership has transitioned to a largely absentee role in recent years, with day-to-day operations managed by on-site teams. This structure has supported continuity of operations while also creating an opportunity for a new owner to take a more active role and further optimize performance.<br></p>
Market Competition and Expansion:
<p>The business operates within a stable and competitive restaurant market, benefiting from its long-standing presence and established customer base. Its reputation, consistency, and familiarity within the community provide a competitive advantage over newer or less established concepts.<br><br>Demand is supported by a mix of local residents and regional visitors, helping to balance seasonal fluctuations. The business competes with a range of independent restaurants and regional operators, but differentiates itself through brand recognition, operating history, and its ability to serve a broad customer base.<br><br>Overall, the combination of an established market position, loyal clientele, and multi-location presence provides a durable competitive foundation within the region.<br></p><p>The business presents multiple avenues for growth under more active ownership. Current operations are stable and supported by an experienced team, providing a strong foundation for optimization. Opportunities exist to improve operational efficiency through refined staffing structures, enhanced cost controls, and more centralized oversight.<br><br>Additional growth may be achieved through expanded marketing efforts, including a more structured digital presence, targeted local outreach, and customer retention initiatives. The business also has the ability to increase revenue through menu optimization, pricing strategy, and expanded off-premise offerings such as takeout, catering, and online ordering.<br><br>With two established locations already in place, the platform provides the ability to scale operational improvements across both units, creating meaningful impact on overall performance.<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity