Granbury Grill/Bar, Dining/Martini Lounge - growing 15%+ 18413
| Asking Price: | $290,019 | Inventory: | $10,000 ++ |
| Gross Revenue: | $500,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $60,000 | FF&E: | $100,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Growing 15-20% per year | |||
MegaBite Restaurant Brokers, LLC offers, for your ownership consideration, 2 unique restaurant concepts located in Granbury, Texas and sharing a kitchen. Concept 1 is featuring an open 2-storey seating area. Concept 2 is an upscale dining and martini lounge offering new menus every 8 weeks in an intimate dining experience. Both restaurants have built a growing and loyal following. The restaurants are located in a bright, cheery courtyard building setting a vibrant mixed retail and business development serving Granbury and the local communities. The prime location benefits from weekend tourism and is a travel destination for locals. 1) The casual grill and bar attracts and appeals to a wide variety of customers offering fresh grilled foods. It boasts the largest bottled and draft beer selection in Granbury. 2) The upscale dining and martini lounge attracts and appeals to upscale diners seeking a unique culinary experience with Granbury s only martini lounge. Price is $199,000 including inventory at cost of $10,000, all FFE (Furniture, Fixtures & Equipment) valued at $100,000. $75,000 down, balance commercial bank financing and up to $30,000 seller-financing to a qualified purchaser. All financing is to be personally guaranteed by the purchaser. The Purchaser will need to assume 1) dishwasher lease (~$166/mo) and 2) Icemaker lease $250/mo.
About the Business
Year Established:2006
Employees:4 full time - 6 part time
Facilities:The ~3000 SF space fronts into the Granbury Historic Square. This high visibility space is leased for base monthly rent of $3500. The landlord is willing to provide a long-term lease. The Purchaser will need to assume 1) dishwasher lease (~$166/mo), 2) Icemaker lease $250/mo
Market Outlook and Competition:Profitable, growing dual concept restaurants located in the Historic Square in Granbury, Texas. Concepts are a casual grill and bar featuring an open 2-storey seating area and an upscale dining and martini lounge offering new menus every 8 weeks in an intimate dining experience. Both restaurants have built a growing and loyal following and are growing at 25-30%/year.
About the Sale
Reason For Selling:Family
Seller Financing:$75,000 down, balance commercial bank financing and up to $30,000 seller-financing to a qualified purchaser. All financing is to be personally guaranteed by the purchaser.
Attached Files - Attachment Disclaimer
 | Grill/Bar Interior | ||
| View out front door | ||
 | NDA for this and other Restaurants |
KEYWORDS: restaurant, food, fast food, deli, delicatessen, pizza, dining, dine, diner, breakfast, lunch, dinner, sandwich, sandwiches, sub, subs, eat, pizza, takeout, delivery, pizzeria, pasta, pizza, take-out, delivery, wings, burger, hamburger, martini
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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