Highly Successful Restaurant in Booming Area

, Texas 10 views 0 favorites

Financial Highlights
Asking Price
$1,150,000
Revenue
$509,308
Business Description

Step into a unique opportunity that has established a loyal base of customers with an eclectic menu that gives you the flexibility to introduce new dishes. This restaurant has two dining areas, a full bar and an outside patio that allows you the freedom to create different environments to cater to the varied demographics of the area. Location: Corpus Christi, Texas Year Established: 2011 Number of Employees: 5 Real Estate: Owned Building Sq. Ft.: 4,700 Facilities: The owner recently upgraded a lot of the equipment and everything is well maintained. All equipment is owned. A list of equipment is available on request. Market Outlook/ Competition: Most areas are oversaturated with restaurants but the number one issue ranked by residents of the area is a lack of dining, shopping, and entertainment choices. Growth & Expansion: The owner decided to keep reduced hours since government regulations on COVID in 2019 so the restaurant is only open for dinner hours, five days a week. There is tremendous opportunity in opening the restaurant for lunch or even breakfast since that is underserved in the area. There are many more opportunities for growth and the new owners can choose the ones that fit them best. Maybe have the games on at the bar, offer a wider selection of fine wines, provide catering for businesses and events, host private parties.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 6 days ago

Views: 10

Favorites: 0