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Businesses For Sale   >>   Texas Businesses For Sale Categories   >>   

Upscale American Restaurant For Sale

Location  Texas,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $489235
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2011
Number of Employees  1 - 3
Inventory  377962
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Will train for 4 weeks at no cost.
Reason for Sale  Owners seek better work/life balance.
Description  Newly established upscale Collin County American food restaurant is poised for turn around and high growth under new management. Business features a posh build out of more than $1M in 2010. The restaurant has generated in excess of $1.2M in revenues (approx. $3400 per operational day) in its first full year which demonstrates that its business model is sound. Its 2012 revenues through early June are at nearly $500K. Situated in one of the wealthiest Zip Codes in Texas, the average guest check of $45.00 provides considerable room for revenue upside under new, highly skilled restaurant management team having a focus on customer satisfaction and retention. Approximately 8 years remain on a very competitive leased space in a strong location. Sellers are a family, with young children, who seek relief from the demanding hours required to manage the business successfully. Sellers are available to assist as necessary in the smooth transition of business and assets to an enterprising new buyer. Sales Price: $500,000. Contact: Douglas Batts Phone: 469-877-3684
Click Here To Contact Seller

    

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