Turnkey Texas Steakhouse Restaurant for Sale With Real Estate

NEW BOSTON, Texas

Asking Price $348,000 Year Established 2023
Annual Revenue $307,185 Reason for Selling Retirement  
Annual P/L $0 Attention Zoltan Lukacs
Annual Cash Flow $0 Listing Number 1016760  
# of Employees 10 Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

This Turnkey Steakhouse Restaurant for Sale with Real Estate in New Boston, Texas generated sales of $307,185 and offers a buyer the opportunity to acquire both an established restaurant operation and the real estate it occupies. The seller owns the approximately 6,404-square-foot building, so there is no monthly rent payment or lease assignment associated with the business. Located in a downtown setting with access to a large city-owned parking lot, this offering combines an operating restaurant, substantial seating capacity, equipment, and real estate in one package.
Established in 2023, the Texas Restaurant for Sale with Real Estate features seating for approximately 150 guests inside plus another 30 outdoor seats. Several important advantages include an established local reputation, a unique downtown location with tourism and traffic potential, and limited direct competition for a steakhouse concept. The seller is retiring, creating an opportunity for a new owner to build on the existing customer base, expand marketing efforts, strengthen operating performance, or introduce additional revenue opportunities to increase sales and generate profitability.
The approximately 6,404-square-foot Restaurant for Sale with Real Estate is equipped with three fryers, a grill, three-compartment sink, convection oven, steamer, prep tables, walk-in cooler, reach-in freezer, sandwich prep coolers, additional refrigeration, POS system, security cameras, flat-screen televisions, tables, chairs, smallwares, service ware, and other operating equipment. With the real estate included, a buyer gains greater control over occupancy and the long-term use of the property compared with a traditional leased restaurant location.
Additional supportive economic conditions include stable consumer spending, a strong local employment and income base, continued demand for dining, and favorable population and customer growth. Combined with Texas' broader reputation for business expansion and economic opportunity, these factors create an attractive setting for an entrepreneur considering Buying a Restaurant for Sale with Real Estate in Texas. The downtown location and limited steakhouse competition may provide additional opportunities for an experienced operator to capture local demand and build greater awareness.
Seller training is negotiable to support an orderly transition. We Sell Restaurants can assist with unsecured lending options up to $500,000 for qualified buyers. This Turnkey Restaurant for Sale with Real Estate may appeal to an experienced restaurant or hospitality operator who recognizes the value of an established concept, loyal customer base, strong local reputation, substantial equipment package, and ownership of the underlying real estate.
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Property Features and Assets:

Hood, Grease Trap Undercounter, Fryer 1, Fryer 2, Fryer 3, Grill, 3 Compartment Sink, Commercial Toaster Oven, Steamer, Microwave, Blender, Smallware pots, pans, ladles, etc, Miscellaneous shelving, 3 Prep Tables, Convention Oven, Walk In Cooler, Reach in Freezer, Other Refrigeration, Sandwich Prep Coolers, 53 Count of Tables, 111 Chairs, Seating capacity 150 people, Flatware, Service ware, POS System Brand , Security System with Cameras, Flat Screen TVs, High Chairs, Booster Seats, Neon Signs, Utility Carts

Market Competition and Expansion:

Stable consumer spending, a strong local employment and income base, continued demand for dining, and favorable population/customer growth provide a supportive economic environment.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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