Reduced: Longstanding Wedding Venue & Restaurant

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RESORT LOCATION! HUGEEEEE OPPORTUNITY! UNIQUE OPPORTUNITY.
Asking Price:
$925,000

Gross Revenue:
$477,127
Cash Flow:
$18,136
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$13,500
included in asking price

FF&E:
$75,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

A reputable, longstanding restaurant and outdoor wedding venue in beautiful surroundings that has been at its current location for 30 years. The restaurant and venue stand on 4.6 acres of land and the real estate will be sold with the business at a price of $800,000. The business is being sold at an asset value of $125,000. The property is located about an hour’s drive north of Houston. Known for its quality and reputation, the restaurant not only caters to wedding parties, but is open to the public on weekends and caters to corporate events and conferences on weekdays as well. A number of wedding events have been held on its stunning grounds, and this is a good growth opportunity for a new owner. Ideally suited for an ambitious buyer who is passionate about maintaining the quality and reputation of the restaurant while enhancing the wedding venue sector to take it to the next level!

About the Business

Number of Employees:
11
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About the Sale

Reason For Selling:
other interests
Training/Support:
2 weeks

Listing Info

ID:
1487387
Ad Detail Views:
841

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Business Listed by

Carmen Hanna, MBA, CBI

Transworld Business Advisors

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Sponsoring Broker:

Gerald G. Brisson, CBI, M&AMI, CMAP
Transworld Business Advisors

U.S. Census Data for Liberty and Montgomery Counties, TX
Age

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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Liberty and Montgomery Counties, TX
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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