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

Restaurant With Home & 10 Scenic Acres For Sale

Location  Texas,United States
Asking Price Range  $250K - $500K
Gross Revenues  $205697
Net Profit / Cash Flow  $40559
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2002
Number of Employees  4 - 5
Inventory  18900
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Owned
Training  Current owner will train purchaser for a negotiable period of time and assist during transition.
Reason for Sale  Restaurant owners wish to focus on their other unrelated business. Home owners wish to move out of state.
Description  Well known, profitable buffet restaurant for sale including 5,000 sq.ft. building and two acres of land. Purchase price also includes a beautifully finished 1,400 square foot two bedroom / two bathroom house on 8 acres of land valued at $149,900. Home was built in 2004. Scenic acreage includes a stocked pond. Restaurant is only open Fridays and Saturdays from 3:00pm - 8:30pm. The business serves an average of 375 customers each week. The restaurant can seat 140 people and takes approximately 5 employees to run. Restaurant owners and home owners are two separate families. Excellent market outlook for motivated owner / operator. Current owner does little advertising and most business comes from word of mouth. New owner could expand advertising to include radio, billboards, etc. Asking price is $400,000. For details, contact Anne Barr at 972-783-1662.
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