Amazing Family-Friendly Restaurant in Texas.

, Texas 4 views 0 favorites

Financial Highlights
Asking Price
$1,500,000
Revenue
$1,780,000
Business Description

TRANSWORLD BUSINESS ADVISORS OF HOUSTON.LISTING REF# 76931-834212 This restaurant is well established and has been in the Katy area for many years. The business is in a prime commercial, restaurant and retail area. The restaurant is in a free-standing building with excellent street frontage and visibility. The owner has maintained and replaced all equipment and fixtures over the years. Current technology is used to assist the owner in business operations. The restaurant has excellent reviews 4.5 Stars on Google with over 1,000 Reviews. In addition, the business has a significant following base on Facebook with more than 5k followers along with an average of 4.5-star review. The restaurant offers a Texas casual comfortable vibe with a menu full of family favorites. The owner is looking to retire. The revenues and profits continue to grow and with a strong take-out business survived the pandemic. Revenues for 2021 were $1.78M with sellers’ discretionary earnings $441K. Opened for business in 2002 and have been in operation ever since. The menu consists of traditional comfort food like mom used to make. Mac & cheese, hand-pressed half pound burgers from fresh beef, country gravy with a touch of bacon grease for flavor. Won several awards for the chicken fried steak. The owners have always taken pride in their menu. Strong support for local sports teams. Location: Katy, Texas Year Established: 2002 Number of Employees: 38 Real Estate: Leased Building Sq. Ft.: 2,883 Rent: $4,000.00 Per Month Lease Expiration: 7/30/2022

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 weeks ago

Views: 4

Favorites: 0