Established Steakhouse between Houston and Corpus

Asking Price$1,400,000

Cash Flow
$589,000

EBITDA$589,000

Gross Revenue$3,874,000

InventoryNot Disclosed

FF&E$50,000
Included in asking price
Real Estate$1,600,000
Not included in asking price
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Established Steakhouse between Houston and Corpus


Asking Price$1,400,000

Cash Flow
$589,000

EBITDA$589,000

Gross Revenue$3,874,000

InventoryNot Disclosed

FF&E$50,000
Included in asking price
Real Estate$1,600,000
Not included in asking price
Business Description
Opportunity:
A rare chance to acquire a deeply-rooted, highly-reputable steakhouse and bar operating in a high-traffic area along the Texas Gulf Coast corridor. Established since 1981, this is a turnkey operation with a proven track record, embodying a multi-decade family tradition of hospitality and quality dining.

Business Highlights (Based on established business model):
Signature Menu: Cornerstoned by hand-cut, choice Black Angus Beef steaks, chops, and chicken.
Diverse Offerings: Complementary to the steaks is a significant presence of fresh Gulf seafood, including shrimp, catfish, oysters, and stuffed crab. The menu also features popular home-style lunches (e.g., Chicken Fried Steak, enormous burgers) and catering services.
Strong Community Presence: A well-known and loved local landmark with a loyal customer base, known for generous portions and Southern hospitality.
Facilities: Includes a full-service bar and facilities capable of handling catering and private events.

Facilities: Well-equipped kitchen, dining area, and bar space suitable for high-volume operation. The facility is ready for a seamless transition to a new owner.

Real Estate:
Sale includes the valuable commercial real estate. This offers a rare opportunity for an investor or operator to own both the business and the property.

Inquire for NDA and Offering Memorandum.
About the Business
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
7,650
About the Sale
Seller Motivation
Retirement
Transition Support
Seller willing to work with buyer during transition.
Listing Info
ID
2420067
Listing Views
46

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Business Listed by: Thomas Manglaviti MC Business Advisors

Listing ID: 2420067 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. See our full Terms of Use. Learn how to avoid scams.