Popular, Established Galveston Restaurant For Sale

, Texas 5 views 0 favorites

Financial Highlights
Asking Price
$1,750,000
Revenue
$1,000,000
Business Description

One of Galveston's great institutions! Turnkey restaurant in a highly visible location on Galveston's Broadway Street. Heavy traffic. Strong, steady sales. Owner is selling everything including prime real estate. Positive cash flow and profits. Established, solid reputation, and loyal staff. There are not many opportunities for a restaurant like this on Broadway that are turnkey-ready! Location: Galveston, Texas Year Established: 1998 Number of Employees: 15-20 Real Estate: Owned Building Sq. Ft.: 3,500 Facilities: Building is located on a 21,840sf parcel with ample parking. Owner is selling everything including real estate. No leases or debt obligations to assume. Over 3,500+sf of restaurant. Approximately 18,000sf lot with parking is also included with the purchase. All FF&E included in the sale. Market Outlook/ Competition: Prime location on Broadway - great exposure. Plenty of parking - 36 spaces. Cuisine is one of a kind. Established clientele and great reputation. Yelp and Trip Advisor: 4+ Stars Turnkey operation. Growth & Expansion: Alcohol sales could be added to increase revenue. Hours could be expanded. Plenty of room for expansion of building if needed.

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: 2 days ago

Views: 5

Favorites: 0