Buy a business for sale or sell a business for free. Find businesses for sale, franchises, business brokers & commercial loans.

Advanced Search  |   Listings By Email  |   Message Boards  |   Professionals Directory  |   Loans & Financing  |   Business & Mortgage Notes  |   Buyer Resources

Papa Murphys Pizza Franchise Opportunity

U-Turn Vending Franchise Opportunity

Marcos Pizza Franchise Opportunity

Business For Sale Search Results

New Search

Get Free Information on all of the Top Franchises

Ask questions in our Entrepreneur Forums

Get a Business Loan

Steakhouse And Lounge For Sale
Location: United States -> Texas -> Dallas/Fort Worth -> Dallas
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Business Summary

This is an absolutely stunning top of the line, North Dallas Steak House. It has a beautiful full Bar, Plus outside patio seating. It is located in an rapid growth area.

Fully equipped kitchen, an impressive facility, tastefully decorated, and an unbelievable location. The current owner lives too far away from the restaurant.

This is a turnkey property with everything in place to make huge profits.

Facilities:The property is approximately 2.5 acres, . It is a beautiful restaurant with 6500 sq. ft. that seats 215 people inside, including bar seating of 32, plus there is seating for 20 more on a gorgeous outside patio. This is the only place around that has banquet rooms that can hold up to 75 people. The property alone is appraised at $650,000.

There is not another Restaurant like this one for 50 miles.

Reason For Selling:The owner is 4 hours away from the business

Owner Financing available for well qualified buyers

-New Outdoor patio (with new furniture) with Austin Stone and new fire pit
-New Awning
-Exterior of building is in Austin Stone
-New landscaping
-New A/C units
-New Water heater
-New Tables, TVs, Grills, etc
-New Bar - Did not exist in the original building
-All walls in the kitchen were redone
-Electric and Gas is up to code
-Garden area inside the restaurant

All the equipment and furniture is no more than 2 years old and in great working order.

-The building is 6,500 sqft and sits on 2.5 acres
-The replacement cost of the building is ~$650,000
-Furniture, Fixture and equipment is close to ~$200,000
-It is the only restaurant in Texoma that has large private rooms that can accommodate various groups (rehearsal dinners, birthday parties, pharmaceutical business dinners, etc)

The restaurant is move in ready at this time. All that is needed is the food and the staff.

To see pictures, please visit or call 214-394-4661 for more details


Asking Price Range:  $250K - $500K
Gross Revenues:   $369,000
Cash Flow:   $84,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2009
Number of Employees:  10 - 19
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  2-4 weeks hands on; 3 months phone consultations.
Reason For Selling:  One owner lives 300 miles away from the business.

Print Listing Id: 700163234
Can't Find Your Dream Business? Get Free Franchise Information on all the top franchises, Post a Free Wanted Ad on our Message Boards, Get New Listings sent to you, or try our Advanced Search.

Don't forget to Sign up for our Newsletter and get free tips on how to buy or sell a business from the leading industry experts!

Advertise Your Business For Sale   Free Listing!

Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Texas Businesses For Sale > Texas Franchises For Sale > Texas Business Brokers

Click here to post a free "business wanted" message to the Message Boards.

Click here to get new business for sale listings emailed to you automatically.

Contact the Seller
* All fields are required
Re: GlobalBX ID: 700163234
Your Role
Buyer Type
Experience Level

Yes! I want my FREE e-book and newsletter.
Do Not Send Spam
GlobalBX does not tolerate unsolicited commercial email or "spam". If you are not a potential buyer of this business, do not use this form.