Listing Number: 76931-448776
Description
Home style cooking restaurant with a loyal customer base for sale in fast growing town. Restaurant is only open five days a week for breakfast and lunch, and still has Seller Discretionary Earnings of over $100k. Great opportunity for a new owner to expand the days and hours of operation, as well as add alcohol sales to significantly increase revenue and profits. The town is a destination town with significant out of town traffic on the weekends which offers additional customer opportunities. The business is priced to sell at $249,000, with real estate for an additional $450,000 (Greater Texas Realty is broker). This is a rare opportunity to own a piece of a revamped, nostalgic downtown.
Listing Details
- Price: $ 249,000
- Down Payment: $249,000
- Sellers Discretionary Earnings: $ 100,337
- Total Sales: $ 529,272
- Location: Texas
- Inventory: $ 29,000
- FF&E: $ 20,000
- Employees:
- Year Established: 1973
- Reason for Selling: Retirement
- Category: Restaurants
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