Texas Coastal Waterfront Gem - GM Managed / $140k SDE Potential
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The BEST location in Rockport, Texas. Owner Financing Available!
Rare Waterfront Opportunity: The Only Restaurant on Rockport’s Little Bay
Own a local landmark with the best views in Rockport. Yarbarita’s offers a unique combination of high-performing business operations and prime coastal real estate. Extensively renovated "down to the studs" in 2021, this property is turn-key with all-new electrical, plumbing, and high-end finishes.
Financial Performance & Flexibility:
This business is perfectly positioned for two types of buyers:
Semi-Absentee Investor: With a dedicated General Manager and seasoned staff in place, a new owner can enjoy a hands-off role with approximately $90,000 in annual cash flow.
Owner-Operator: A hands-on manager can replace the GM role to realize the full $140,000 Seller’s Discretionary Earnings (SDE) potential.
Property & Facility Highlights:
The Palapa: A 1,000 SF, 2-story windstorm-certified thatched roof deck—the premier outdoor dining spot in the area.
Recent Renovations: 2021 complete overhaul including a modern kitchen and brand new dining interior.
Strategic Location: Directly adjacent to 30+ additional city parking spaces and steps from the famous Rockport Rookery.
Growth Potential: Currently operating with a mixed beverage license in place; adding a full-service bar or expanding hours could significantly increase revenue.
Sale Includes:
Real Estate: High-value waterfront land and building (Valued at $744,000).
Assets: Approximately $237,000 in FF&E (Furniture, Fixtures, & Equipment).
Intangibles: Fully established brand, systems, and "competition-proof" location.
Owner Financing is available with 20% down for the right buyer.
Own a local landmark with the best views in Rockport. Yarbarita’s offers a unique combination of high-performing business operations and prime coastal real estate. Extensively renovated "down to the studs" in 2021, this property is turn-key with all-new electrical, plumbing, and high-end finishes.
Financial Performance & Flexibility:
This business is perfectly positioned for two types of buyers:
Semi-Absentee Investor: With a dedicated General Manager and seasoned staff in place, a new owner can enjoy a hands-off role with approximately $90,000 in annual cash flow.
Owner-Operator: A hands-on manager can replace the GM role to realize the full $140,000 Seller’s Discretionary Earnings (SDE) potential.
Property & Facility Highlights:
The Palapa: A 1,000 SF, 2-story windstorm-certified thatched roof deck—the premier outdoor dining spot in the area.
Recent Renovations: 2021 complete overhaul including a modern kitchen and brand new dining interior.
Strategic Location: Directly adjacent to 30+ additional city parking spaces and steps from the famous Rockport Rookery.
Growth Potential: Currently operating with a mixed beverage license in place; adding a full-service bar or expanding hours could significantly increase revenue.
Sale Includes:
Real Estate: High-value waterfront land and building (Valued at $744,000).
Assets: Approximately $237,000 in FF&E (Furniture, Fixtures, & Equipment).
Intangibles: Fully established brand, systems, and "competition-proof" location.
Owner Financing is available with 20% down for the right buyer.
About the Business
- Years in Operation
- 5
- Employees
- 22 (5 Full-time, 17 Part-time)
Staffing doubles for summer. - Facilities & Assets
- Beautiful waterfront property in the best location in Rockport, Texas. This opportunity is the best of both worlds. --SDE for an owner operator of ~$140k per year OR SDE for a semi-absentee investor of ~$90k per year. CAPEX should be low since this property was renovated to the studs in 2021; including all wiring, electrical and plumbing. Roof was completely replaced in 2018. Everything is windstorm certified, including the 2-story Palapa deck (which is 1000sf and not included in the additional building square footage of 2400). Adequate parking with 30 additional spaces in the adjoining city park ("The Rookery"). Operations and real estate are held in separate LLCs for liability protection; both are included in this turn-key sale.
- Website
- https://www.yarbaritas.com/
- Market Outlook / Competition
- Our restaurant has grown in sales every year since we opened at the very end of 2021. We are in an outstanding location and we are the only restaurant on Little Bay in Rockport, which is the site of the annual 4th of July fireworks display, boat parades and all of the watersport activities Rockport is known for. We are just steps away from the world-famous Rockport Rookery, ensuring a steady stream of tourists and bird-watching enthusiasts year-round. Most importantly, we are also very insulated in our location, so competition cannot pop up beside us!
- Opportunities for Growth
- This location could add substantial growth with the addition of a full service bar and/or enclosure of either or both floors of the Palapa deck.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 2,400
About the Sale
- Seller Motivation
- My wife and I own four businesses and it is simply time for us to fish more!
- Transition Support
- Restaurant is fully staffed and trained, including the GM who is willing to stay on. Owner and GM willing to train the buyer. All menu files, POS systems, order guides, and recipes are digitized and/or in writing and up-to-date.
- Financing Options
- Possible owner financing with 20% down.
Listing Info
- ID
- 2493532
- Listing Views
Business Location
Listing ID: 2493532 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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