Great Restaurant-Hot High Growth Area-Super Cash Flow

Parker County, TX

Seller Financing Available

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Asking Price:$2,460,800
Gross Revenue:$1,129,856
FF&E:$178,000
Established Year:2015
Cash Flow:$344,322
Inventory:$8,000
Real Estate:$1,710,800
BUSINESS DESCRIPTION

Nice Restaurant with a great location

This Restaurant is in a hot location on a major road that is being expanded to 4 lanes. They are building a new school, shopping center, and soon will have 10,000 new homes less than two miles away.

The growth potential for this restaurant is amazing. It could grow by 40% just by adding alcohol to the menu – not to mention all the booming growth that is taking place in the immediate area.

The restaurant seats 128 people and serves steaks, seafood, & American cuisine. Traditional American food with a big taste in all the dishes is featured and is the aspect that makes them unique. A sampling of their varied menu includes scrumptious dishes such as:

? Steaks – Filet Mignon, Sirloin, Rib-eye
? Fried chicken & catfish as well as grilled & fried chicken breasts
? Seafood – Salmon, Tilapia
? Italian favorites – Lasagna, Fettuccine Alfredo, chicken Parmigiana, & Tortellini
? Big selection of burgers and subs
? Soups, salads, sides, & desserts

The ambiance is truly refreshing and relaxing. And with their amazing “down home,” friendly service and great food, they are loved by their customers who keep coming back again and again! In addition to inside dining, their customers can enjoy their meals on an outside patio. They take reservations and provide catering for all types of events. This is one steakhouse customers enjoy tremendously and rave about afterwards.

This is an amazing offer for a stellar restaurant of incredible value – with or without land. Make sure you see this thriving business for yourself. Price Includes Real Estate


DETAILED INFORMATION
Location
Parker County, TX
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Employees
17
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The restaurant is 4,000 sq. ft. and sits on 4.2 acres of land. If purchasing the business only, the lease will be $8,000 per month.
Competition
Closest competition is 12 miles away
Growth & Expansion
40% growth by adding liquor
Support & Training
The owner will provide 2–4 weeks of free, onsite training as well as up to 6 months of free phone consulting on an as-needed basis
Reason for Selling
Retiring
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