Historic Steak House, Full Bar with Real Estate in Lavaca County
Business Description
$250,000+ in Discretionary Earnings
Texas Restaurant Advisors requires a non-disclosure agreement and buyer qualification profile before any confidential information is shared.
Historic eatery with real estate is now available for acquisition in Lavaca County. The restaurant serves choice to prime steaks, seafood, chicken, pastas, burgers, plate lunches daily and even Tex-Mex. There is a private dining room for large groups, a large fully stocked bar for live music acts and late night activities and games. Gross sales are over $1,300,000 with owners discretionary earnings of over $250,000.
SBA packages for deals with real estate can be as low 10% down and 25 year financing term for qualified buyers. Recast earnings and lender deal check are provided in the data room.
Historic eatery with real estate is now available for acquisition in Lavaca County. The restaurant serves choice to prime steaks, seafood, chicken, pastas, burgers, plate lunches daily and even Tex-Mex. There is a private dining room for large groups, a large fully stocked bar for live music acts and late night activities and games. Gross sales are over $1,300,000 with owners discretionary earnings of over $250,000.
SBA packages for deals with real estate can be as low 10% down and 25 year financing term for qualified buyers. Recast earnings and lender deal check are provided in the data room.
About the Business
- Years in Operation
- 55
- Employees
- 30
- Facilities & Assets
- The freestanding 7,271 square foot building (per appraisal) is fully furnished and has dedicated, ample parking. Seating capacity with the open air patio is over 250 guests. The building has all upgraded HVAC units and other equipment updates.
- Market Outlook / Competition
- There is no competition nearby for this type of cuisine and service. There are over 20,000 people within a 20 mile radius. There are also tourist destinations within 10 miles of the business.
- Opportunities for Growth
- A new owner operator has an opportunity to expand the catering, offer bar entertainment, open on Mondays, and serve breakfast.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 7,271
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller will ensure a smooth transition with qualified buyers. There is a general manager and long tenured management teams in place.
Listing Info
- ID
- 2391307
- Listing Views
- 381
Listing ID: 2391307 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.
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