High Revenue, Established Diner Restaurant For Sale in South Texas
Business Description
This restaurant in Victoria, TX generates significant annual revenue and is highly profitable. We are offering the entire restaurant business including the real estate (owned free and clear) and brand. Located in the heart of Victoria in a highly desirable and visible part of town, this restaurant earns multiple seven figure annual sales. Located directly across from DeTar Navarro Hospital with frontage on N Navarro St (35,000 VPD). Business can be run FULLY absentee if desired.
About the Business
- Years in Operation
- 77
- Number of Employees
- 40
- Facilities & Assets
- Total land is 0.88 ac among 3 parcels. Main parcel contains the 4478 sf building for the restaurant. There are 59 parking spaces. Adjacent to the restaurant building is a 3 bed / 2 bath home with a month-to-month tenant included in the sale. The restaurant itself recently got all new plumbing (cast iron updated to PVC), kitchen remodeled, parking lot restriped, some new paint work, recent roof, recent walk-in cooler & freezer, recent LED sign.
- Market Outlook / Competition
- This restaurant is a market leader due to its 75+ year history and reputation among locals.
- Opportunities for Growth
- New owner could implement drink specials, live music, and other events to greatly boost revenue. Additionally, the single family home on the property can be demolished in favor of additional parking, extra storage, etc.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 4,478
About the Sale
- Seller Motivation
- Retiring
- Transition Support
- Owner will provide extensive training and guidance to new owner.
- Financing Options
- Owner is offering seller financing at 25% down, 7% fixed interest, 10-30 yr term
Listing Info
- ID
- 2296219
- Listing Views
- 1682
Attached DocumentsAttachment Disclaimer
Ramsey_s_Restaurant_For_Sale.pdf
Business Location
Listing ID: 2296219 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
