31 yr. Family Restaurant in West Texas Panhandle.

Amarillo, TX (Potter County)

31 yr. Family Restaurant in West Texas Panhandle.

Asking Price:$1,050,000

Cash Flow:$334,907

Gross Revenue:$2,345,188

EBITDA:$334,907

FF&E:$250,000

Inventory:$11,000*

Established:1984

*not included in asking price.

31 yr. Family Restaurant in West Texas Panhandle.

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Business Description

This restaurant has a 31 yr. successful history of the best breakfast in town as well as home cooked recipes for lunch, dinner and catering. Long standing repeat customer base.

Detailed Information

Inventory:
Not included in asking price
Employees:
56
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Just completely remodeled inside and outside.
Competition:
Locally American owned with outstanding breakfast and other home cooked recipes for lunch, dinner and catering.
Growth & Expansion:
Adding the availability of liquor sales would be very helpful.
Support & Training:
Adequate support available for acquirer.
Reason for Selling:
Retirement

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William W. (Bill) Bumstead

Business Listed By:
William W. (Bill) Bumstead

ABC Advocates Business Consultants Inc.

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Memberships & Certifications:
Indicates membership in The Colorado Association of Business Intermediaries (CABI).

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