Restaurant For Sale - Plano, TX
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Established European/Mediterranean Restaurant - Prime Waterfront Location
Flamant presents an exceptional acquisition opportunity for experienced restaurateurs seeking an upscale Mediterranean dining establishment in Plano's prestigious Granite Park development. This European bistro operates under the culinary direction of a Michelin and James Beard recognized team, featuring authentic Italian, French, and Spanish cuisine prepared over open flame.
Business Overview:
The restaurant generates annual revenue exceeding $1 million and features a sophisticated menu centered on wood-fired preparations including wagyu, octopus, artisanal pasta, and signature desserts. The beverage program encompasses craft cocktails, curated wine selections spanning European varietals, and elevated classics designed to complement the culinary offerings.
Location and Facilities:
Strategically positioned on the Boardwalk at Granite Park, the establishment offers waterfront dining with an expansive patio featuring fireplace seating. The buildout investment significantly exceeds the current asking price, representing substantial tangible value for prospective buyers.
Financial Profile:
First-year operations reflect revenue performance above $1 million with operational challenges attributed to absentee ownership structure and initial market positioning adjustments. The business includes $1.4 million in established goodwill value.
Operational Considerations:
Current ownership identifies menu optimization and hands-on management as primary improvement opportunities. Market analysis indicates customer demographics favor family-oriented dining versus the initially targeted younger demographic, suggesting strategic repositioning potential.
Investment Rationale:
This acquisition represents a value-oriented opportunity for qualified buyers seeking an established restaurant with proven revenue generation, premium location, and significant infrastructure investment. The seller's motivation stems from portfolio consolidation priorities, creating favorable acquisition terms.
Qualified buyers may request detailed financial documentation and operational information through the designated disclosure process.
Flamant presents an exceptional acquisition opportunity for experienced restaurateurs seeking an upscale Mediterranean dining establishment in Plano's prestigious Granite Park development. This European bistro operates under the culinary direction of a Michelin and James Beard recognized team, featuring authentic Italian, French, and Spanish cuisine prepared over open flame.
Business Overview:
The restaurant generates annual revenue exceeding $1 million and features a sophisticated menu centered on wood-fired preparations including wagyu, octopus, artisanal pasta, and signature desserts. The beverage program encompasses craft cocktails, curated wine selections spanning European varietals, and elevated classics designed to complement the culinary offerings.
Location and Facilities:
Strategically positioned on the Boardwalk at Granite Park, the establishment offers waterfront dining with an expansive patio featuring fireplace seating. The buildout investment significantly exceeds the current asking price, representing substantial tangible value for prospective buyers.
Financial Profile:
First-year operations reflect revenue performance above $1 million with operational challenges attributed to absentee ownership structure and initial market positioning adjustments. The business includes $1.4 million in established goodwill value.
Operational Considerations:
Current ownership identifies menu optimization and hands-on management as primary improvement opportunities. Market analysis indicates customer demographics favor family-oriented dining versus the initially targeted younger demographic, suggesting strategic repositioning potential.
Investment Rationale:
This acquisition represents a value-oriented opportunity for qualified buyers seeking an established restaurant with proven revenue generation, premium location, and significant infrastructure investment. The seller's motivation stems from portfolio consolidation priorities, creating favorable acquisition terms.
Qualified buyers may request detailed financial documentation and operational information through the designated disclosure process.
About the Business
- Years in Operation
- 2
- Facilities & Assets
- Beautiful, upscale interior with a large patio with firepits looking at a boardwalk & pond
- Market Outlook / Competition
- Flamant is located in a restaurant only complex, so competition is mainly among the options that the guests have at this complex. It's a destination for Plano & Frisco residents.
- Opportunities for Growth
- Ownwer/Operator is needed if the new owner keeps the concept, otherwise a change in format may provide bottom line growth.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,230
- Rent
- $13,500.00 per month
- Lease Expiration
- 9/1/2034
About the Sale
- Seller Motivation
- Sellers need to focus their resources on their current restaurant holdings
Listing Info
- ID
- 2526942
- Listing Views
- 21
Listing ID: 2526942 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.
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