Waterfront Restaurant in the BEST location in the BEST town in Texas!
Aransas County, TX
| Asking Price: | $1,060,000 |
| Gross Revenue: | $700,000 |
| FF&E: | $210,000 |
| Established Year: | 2021 |
| Cash Flow: | $150,000 |
| Inventory: | $20,000 |
| Real Estate: | $750,000 |
Listing ID: 2290816Listing provided by BizBuySell
BUSINESS DESCRIPTION
Confidential listing of a recently redone "down to the studs", beautiful, full serve WATERFRONT restaurant in the BEST location in the BEST coastal town in Texas. Profitable restaurant can be purchased for $950,000, including real estate, website, and all FF&E. Operating with in-place management and current owners are not involved in day-to-day operations. Only open 6 days a week, with LOTS of increased profitability options (closed Sundays for example).
DETAILED INFORMATION
Location
Aransas County, TX
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
2,400
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
2400sf waterfront building was taken to the studs and 100% reconstructed in 2021. Roof was entirely replaced in 2018 and is Texas windstorm certified. --All aspects of the building and restaurant are compliant and certified to all industry and building standards for our coastal Texas town.
Competition
Our coastal town is BOOMING, and there are new homes everywhere you look. This restaurant is in a one-of-a-kind, best in town location, and there are no other full serve, waterfront restaurants for nearly a mile in either direction.
Growth & Expansion
A huge opportunity exists to increase profitability by simply being open on Sundays. I have chosen not to, but it would be our second busiest day of the week in this tourist market, and since property taxes, insurance, licenses and fees would not increase by adding the extra sales day, a HUGE amount of the Sunday sales would go to the bottom line. The new owner could also add quite a bit of sales by adding a full bar to this waterfront location.
Support & Training
Although the current owner has other businesses in this beautiful town, the current owner lives close by and will be available for training and guidance as long as you need.
Reason for Selling
I have several businesses, and I am starting to sell them all. --I am simply rea
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