BEST Restaurant AND A Store-40 yrs-Great Profits

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Asking Price:
$695,000

Gross Revenue:
$724,857
Cash Flow:
$270,120
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$10,000
included in asking price

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

Real Estate:
 Not Disclosed

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Business Description

Here is YOUR OPPORTUNITY TO GRAB an ICONIC RESTARUANT WITH FOOD THAT’S BETTER THAN GRANDMAS! WAIT, THERE IS ALSO A BEAUTIFUL FRONTIER THEMED MERCANTILE -DELI - COUNTRY STORE!

The FANTASTIC RESTAURANT is TREMENDOUSLY popular, not only with the local area, but it consistently draws customers from a 50 mile radius, as well as Travelers. It is known for its publically Acclaimed Cat Fish & Smoked Ham, Their Meats they use have been Nationally recognized for over 80 years. This includes their Turkey, Sausage, BBQ, and Jerky. This is THE PLACE people go to for the BEST COUNTRY COOKING THAT YOU CAN ONLY DREAM ABOUT GETTING AT HOME!

On Thursday through Saturday evenings they serve their Cat Fish Special to 350-550 people on a regular basis per weekend. There is seating for 85.

This is a Classic Country Style Restaurant that could easily expand by opening for Breakfasts, and Push Lunch Specials to the Massive Traveler Transient Travelers as well as the Great Local Trade. They could also add beer and wine for on premise consumption.

There is also an Enchanting Country - Frontier Theme Store that adds Profits and Great Charm. It is in an adjoining building to the Restaurant. They both have separate Entries but also have inside access to each other. It has a Classic, Comfortable, Atmosphere that sets off all the Exceptional items it carries. There is an Outstanding Variety of Delicious Smoked Meats, Hams, Old Fashioned Beef Jerky, Smoked Bacon. Classic Apple Butter, and More! All of which carry an exceptional profit margin!

There are Currently 2 Gas Pumps with above ground fuel tanks. At current sales levels the fuel nets a profit of $7,500 per year. If interested in Fuel Sales, a new owner could approach a Distributor and should be able to get New Pumps, etc., AND ALSO RECEIVE A NICE CONTRACT INCLUDING A HEALTHY SIGNING BONUS!

LOCATION, Location, LOCATION,,, Right on the Interstate. 49 STELLAR Years in Business, Solid Profits, A Nationally Recognized Brand on their Meats, A Superb Reputation, Storage Buildings, Land, AND LOTS MORE!!!

These are TWO THRIVING--RENOWNED BUSINESSES in an IDEAL LOCATION. Both the businesses have a Stellar Reputation, are well known and very popular.

YOU OWE IT TO YOURSELF TO GET THE FULL DETAILS ON THIS AND SEE IT FOR YOURSELF!

About the Business

Year Established:
1970
Number of Employees:
6
Facilities:
There is a total of approx. 9 acres of land. It is located on a Major Interstate with SUPER VISIBILITY and has Excellent access for not only the Interstate, but also for the Superb local traffic.

The Restaurant is 1200 sq. ft. and C-Store is another1200 sq. ft. There is a 20 x 16 Storage Building as well as an 8 x10 Outside Walk-In Cooler and an 8 x10 Walk-In Freezer.

Owner will lease the property on a 10 year lease. The rent is $1,950 per month for the first 5 years and $2,150 per month for the second 5 years. During months 12-24 The Buyer may purchase the property for $200,000

(All Sizes are approximate.)
Market Outlook/
Competition:
There is no competition in the area
Growth & Expansion:
This could go to all NEW LEVELS by adding a Breakfast menu, promoting Lunch Specials, doing more promotions to travelers as well as the local communities, and open on Sundays
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About the Sale

Reason For Selling:
Other Interests
Training/Support:
The owner will provide 2-4 weeks of free on-site training, as well as up to 6 months of free phone consultation on an as needed basis.
Seller Financing:
Owner will finance with $250k Down

Listing Info

ID:
1584204
Ad Detail Views:
0

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Best Biz to Buy LLC Texas

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