Upscale Fine Dining Restaurant With Full Bar
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $600000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2006
Number of Employees 10 - 19
Inventory $20,000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training Yes.
Reason for Sale Confidential.
Description Five star cuisine with a collection of high value wines and liquors for a full service restaurant with a bar. Located in a fast growing progressive town in a coastal community. Loyal customer base from local businesses and residents. Unique dining experience includes culinary delights, an on premise Art Gallery, and multiple seating area atmospheres. Catering services are available for dinner parties, receptions, weddings and anniversaries, as well as all special occasions for private and corporate functions. We also cater functions that are off-premise with and without wait staff. Total seating is for 150 people. Host for many local corporate, civic and government events. This prime location is at the intersection of 2 busy main roads in town and just off the highway exits. Local street festivals and concerts on main road. Gorgeous free standing 4,000 sq. ft. building with beautifully manicured landscaping. Countless featured articles in restaurant magazines that draws many high-end customers.
Facilities:
Building was totally renovated and updated from inside and out.
Absolutely No Damages from Hurricane Ike!
Everything inside was established brand new to include the entire kitchen and all appliances, freezers, dining rooms, bar, storage rooms, restrooms and waiting areas.
Meticulous landscaping throughout grounds.
Well maintained parking lot with ample room for patrons.
Market Outlook and Competition:
Exciting opportunity for expansions and growth potential.
Town is very welcoming and helpful.
Room to expand with creating outside seating.
Delivery service not currently provided but requested.
No direct competition.
High referral base and repeat clientele.
Visitors from around the world.
Progressive fast growing town.
Contact for more information on this Restaurant for sale.
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