• Listing ID: 1241674
  • (Seller ref: 36336)

Retail Food Services Popular Restaurant In Texas For Sale


Location:
Category:
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Type:

Listed by:


Asking price:
$1,400,000 (Inventory / Stock included)
Sales revenue:
$442,499
Cash flow:
$84,639
Years established:
9
Employees:
23


1/3


This very profitable, very well known and popular restaurant offers a great environment to the family dining experience. The business is extremely profitable and a new owner wouldn't have to change a thing and still be guaranteed to be successful.

This retail food service business offers a delicious, full menu to its patrons. Everything you could want is offered on the menu. They are at their max seating capacity at least twice a day which tells you how popular this restaurant is. The buildings offer 7,592 square feet on approximately 2 acres that was built in 1978. It was remodeled and the electric and plumbing were brought up to code in 2002, when the current owners bought the business along with all of the cosmetics and fixtures. The restaurant is about 4,000 sq ft with a 140 square foot storage building which is used for extra stock of dry goods and tools. There is also a 3,500 sq ft building that is owned and rented out to the owner of a tire shop company. The restaurant business could be expanded on the site if a new owner wishes. Contact us today for more information on this great opportunity!

Equipment all in good condition. This would include all cooking equipment, fryers, char broiler, flat grill, oven, steam tables, warmers, freezers, refrigerators, mixers, meat splicer, meat tenderizers, ice machine, soda machines, ice-cream machine, dishwashing machine, buffet line, credit card machine, cash register, security system, computers, stereos, shelves, racks, carts, tables, chairs, booths, TV’s, pots, pans, plates, bowls, silverware, cooking & serving utensils, all food, stock, and cash in the drawer.

Products and Services Offered
This restaurant offers home cooking. 10% of the business is take-out.


Real Estate:
Real Property Included
Premises details:
The restaurant seats 157 people and was built to tornado standards all exterior walls are 13” thick. It is solid iron construction with a metal roof. All interior walls can be moved at will by owner. There are 4 new a/c units and resurfaced asphalt. There is a storage building directly behind the restaurant that connects to the delivery dock. The restaurant is located on an intersection of two major roads. There is a small office, food storage areas and a walk-in freezer. There is also a three door reach-in freezer, a walk-in cooler, a two door reach-in cooler and two single door reach-in coolers.

Expansion potential:
A new owner could make possible menu changes and/or choose to make food to the public in a wholesale manner.
Competition / Market:
There is little competition with a 95% rate of repeat customers and a 5% growth rate every year. The main reason clients choose this business over competition is delicious home cooking and a great family dining atmosphere. This great family restaurant uses the local newspaper some, but most of their advertisement is word of mouth which is very important in a small town. They also use local sports sponsorship along with school sponsorship place that they put the business name and logo on t-shirts, banners and more.
Support & training:
Owner will stay for a reasonable transition to acclimate new owner to area and its clients.
Trading hours:
Days: 7 days
Hours: Sunday-Tuesday 6am-2pm & Wednesday-Saturday 6am-9pm
Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
Up to 10%.
Inventory / Stock value:
$5,445 (included in the asking price)

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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