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Profitable Growing Restaurant
Location: United States -> Texas -> Hill County
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)




Business Summary

Owner retirement offers a rare opportunity to acquire a Hill Country Restaurant gem by individuals with restaurant experience or investors of restaurant portfolios. This restaurant has experienced double digit growth the last three years.

At the current run rate thru the first trimester of the year the restaurant will surpass $1.9M in sales in 2015 continuing to break sales records. With owner benefit of $245K in 2014 and expectation of $275K in 2015 this business is positioned to continue to grow at double digit rates with the right ownership because of the attractive Hill Country location and experienced management currently in place. The restaurant has extremely clean books and records and the financials speak for themselves.

The current ownership has a vested interest in seeing this business continue to prosper so they are flexible on terms for the right buyer. Discretion and confidentiality is imperative, so to learn more a Confidentiality Agreement and Buyer Profile is required to receive additional information on this fantastic opportunity.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,694,698
Cash Flow:   $245,488
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $10,000
Seller Financing:  Yes

About The Business

Year Established:  1994
Number of Employees:  20 - 34
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Lease

About The Sale

Management Training and Support:  2 weeks
Reason For Selling:  Retiring




Print Listing Id: 700241348
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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



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