Restaurant For Sale
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $360000
Net Profit / Cash Flow $36000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2011
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Reason for Sale Partners want to re-locate closer to family
Description Nice family restaurant located in a 102 year old house in downtown Magnolia. Fully staffed and operational since August 2011. Offering steaks, pasta, burgers and more. Asking price is $199,000 for the business and all equipment. The house and property is owned by the City of Magnolia and is available as well. For more information, please call Glenn Mitchell @ 281-330-2747.
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