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- RE: Highly Rated Restaurant And Bar In East Texas
- Contact: Ben Norris
Quick Facts
Asking Price: | $500,000 | |
Annual Revenue: | $1,273,246 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $305,198 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2017 | |
Employees: | 21 | |
BBN Listing #: | 943120 | |
Broker Reference #: | 60242-174552 |
Business Overview:
Welcome to an exceptional opportunity to own a thriving restaurant and bar along with the accompanying real estate in the heart of East Texas. This establishment has been a beloved fixture in the community for years, renowned for its food, inviting ambiance, and vibrant bar scene. The business boasts a loyal customer base and consistently high ratings on platforms like Yelp and Google.
Features:
Restaurant Area: Spacious dining area with ample seating for guests, adorned with stylish decor and warm lighting, creating an inviting atmosphere for patrons.
Fully Equipped Kitchen: State-of-the-art kitchen equipped with top-quality appliances and fixtures, facilitating efficient food preparation and ensuring the highest standards of culinary excellence.
Bar and Lounge: Well-appointed bar area featuring a wide selection of spirits, wines, and craft beers, complemented by comfortable seating and a lively ambiance, perfect for socializing and relaxation.
Outdoor Patio: Charming outdoor patio space offering dining options, ideal for guests to enjoy the pleasant weather while savoring delicious meals and drinks.
Private Event Space: Separate area available for private events, accommodating gatherings such as parties, receptions, and corporate functions, providing additional revenue streams.
Real Estate: Included in the sale is the property housing the restaurant and bar, offering an excellent investment opportunity along with the business.
Established Brand: A well-established brand with a strong reputation for quality food, exceptional service, and a welcoming atmosphere.
Financial Highlights:
Opportunity:
This turnkey business and real estate package offers an exciting opportunity for restaurateurs and investors to acquire a successful operation with significant growth potential. With its prime location, loyal customer base, and versatile amenities, the possibilities for expansion and innovation are endless.
Reason for Sale:
The current owners are pursuing other business interests and have decided to sell this thriving establishment and real estate to a passionate entrepreneur who can build upon its success and take it to new heights.
Inclusions:
All furniture, fixtures, and equipment necessary for seamless operations.
Existing inventory of food and beverage supplies.
Transfer of all licenses and permits required for operation.
Don't miss out on this rare opportunity to acquire a profitable restaurant and bar along with the accompanying real estate in a prime location. Contact us today to schedule a confidential viewing and explore this exciting investment prospect.
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Property Features and Assets:
Real Estate Asking Price: $499,999.00
Monthly Rent:$7,500.00
Reason for Selling:
Other Business VenturesAdditional Details:
- The property is owned.
- 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
- Sell a business online
- Find a business broker
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