Authentic German Restaurant with German Chef
| Asking Price: | $649,000 |
| Gross Revenue: | $787,961 |
| Rent: | $4,898 |
| Established Year: | 2011 |
| Cash Flow: | $166,996 |
| Inventory: | $4,733 |
| FF&E: | $373,533 |
Heavy tourist attracted business with strong roots.
TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-269056
Established for over 10 years, this local and tourist favorite restaurant offers a genuine and authentic German cuisine experience. Business has been featured in numerous food publications for both recognition in dishes and baked goods, of which, each segment consisting of ~50% revenue share.
Business has seen steady growth and demand YOY, with increasing revenues and patrons having led to the recent expansion into a new location of ~4,800 SF in 2020. Sale includes FF&E valued at ~$375K and an additional ~$25K in leaseholds.
Café currently operates with 2 chefs who will continue to serve the business after the sale, plus a team of experienced wait staff. Current plans in place to expand into catering services designed too significantly increase revenues and profit. Additional opportunities exist with expanding operation hours, creating a wholesale product line, and partnering with local online delivery drivers / carriers. Owners are seeking sale to return to German to be with family.
