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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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European Restaurant Mid-Town Intersection

Location  Texas,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2009
Number of Employees  10 - 19
Inventory  111090
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Reason for Sale  Undercapitalized.
Description  Restaurateurs rejoice, here's a perfect opportunity to move into the Midtown market and revitalize a business with good sales, or re-concept with all permitting & buildout already in place. This full service restaurant currently serves top-notch specialty European cuisine in one of the quickest growing areas of town. There are multiple new office & residential buildings being constructed within a 1 mile radius and the growth does not appear to be slowing down. This restaurant features a beautiful buildout to match its menu, with a large bar (beer & wine only) and a huge seating area for customers. The kitchen is suitable for almost any other type of cuisine as it includes all necessities like a hood & grease trap with quality ovens, refrigerators, etc. Many of the employees have been on since opening 3 years ago and have no plans to leave. As the other businesses in the shopping center are unrelated & operate on standard business hours, after 7PM the parking lot is exclusively dedicated to this business. Current financials reflect break even, and average monthly sales of $48k; an experienced operator should be able to fine tune and immediately realize a profit, as the current owner had very little experience prior to opening this location. This business is being offered at a discount of replacement cost so please act fast! Please do not talk to employees of the business as they are unaware of the sale.
Click Here To Contact Seller

    

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