Landmark restaurant for sale in well-known Central Texas town!

, Texas 4 views 0 favorites

Financial Highlights
Asking Price
$185,000
Revenue
$640,973
Business Description

Landmark restaurant for Sale in well-known Central Texas town, on track for a 2021 SDE of well over $100,000! Owner financing possible for Qualified Buyers. This restaurant for sale is located in a small but well-known Central Texas town renowned for its tourism and large annual events It has a year-round stream of visitors, both from Texas and beyond. Under two hours drive from several major Central Texas cities. It is in a great location in the town, a stone's throw from other highly-rated restaurants, in a concentration of excellence that has become a destination for tourists from all over the world. The building itself is impressive, and it has an amazing front porch and it is obvious from a distance that it is a landmark location. The menu at this Restaurant for Sale by We Sell Restaurants features Southern comfort food, from chicken-fried steak to shrimp and grits. It is the type of menu where you know there will be something that everyone will love. Of course there is a full liquor license, so your patrons can relax outside or inside, sipping on cool drinks. Although it has an old-Texas feel, this building is only 6 years old! The building was literally built for this restaurant. So everything still feels new. It is clean. It is spacious. It is well-decorated. And even though it has an old-time sensibility, you get the benefit of not having to deal with the complications of actually having a restaurant in an old building. The professional commercial kitchen is modern, well-appointed, and fully up-to-code. It has a full bar and liquor license. The current owner is partly absentee and has decided to sell. It was his vision, and he is highly vested in finding the right buyers. An incoming Owner / Operator with restaurant industry experience could capitalize on this already-profitable restaurant and really take it to the next level. In fact, some owner financing could be an option for a qualified new Owner / Operator. Location: Fayette County, Texas Year Established: 2016 Number of Employees: 13 Real Estate: Leased Building Sq. Ft.: 2,500 Rent:  Not Disclosed Lease Expiration: 4/30/2022 Facilities: 60 inch six burner stove with double oven and grill two 90 lb deep fryers 72 inch cold prep table 5 electric warmers glass door cooler 3 door cooler 3 chest freezers ice machine leased dishwasher 6 foot back bar with 4 taps mug chiller double glass door beer cooler two zone glass door wine cooler chairs tables bartop small wares Website: www.wesellrestaurants.com Market Outlook/ Competition: There is some competition in the market which is a good thing -- it means that the location has become a destination and brings in tourists from around Texas and beyond Growth & Expansion: This restaurant already takes up the entire purpose-built building it occupies The name and concept could be expanded to other locations

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 2 weeks ago

Views: 4

Favorites: 0