Established Hill Country Family Restaurant for Sale

Leakey, TX (Real County)

Seller Financing Available
Front View Mill Creek Cafe

Asking Price:$648,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:$200,000

Established:2011

Established Hill Country Family Restaurant for Sale

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Business Description

Hill Country Restaurant for Sale

Here is a rare opportunity to acquire a well-established turnkey restaurant located in the Hill Country of Leakey, Texas, on busy Highway 83 just 9 miles north of Garner State Park and 90 miles west of San Antonio. Mill Creek Café is just minutes from the Frio River and serves thousands of people each year. Since opening its doors in June of 2011, the restaurant has seen a surge in revenue each year and owners expect this trend to continue. There is potential for growth through obtaining an alcohol permit and utilizing the available space for outdoor dining. There is ample parking to the side of this 5,700 square foot building.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
5,700
Employees:
22
Facilities:
The restaurant conveys with fully commercial kitchen and waitress station equipment, all dining room tables, booths, and chairs, as well as the security system. The building was constructed in 2011, and there is more than an acre of undeveloped land included with this property. (Home Based)
Competition:
The Mill Creek Restaurant is located in a prime spot at 849 South US Highway 83, which is on the busy "end of town". It is one of two businesses, you will see as you enter Leakey from Concan, Texas and Garner State Park. It is just across Highway 83 from the largest store and fuel station, Stripes, in Leakey. It is also the only restaurant in Leakey that is open 7 days a week from 7am to 9pm. Mill Creek Cafe has more seating than any other restaurant in the town, and it employees more people than any other restaurant in Leakey.
Growth & Expansion:
Mill Creek Cafe has increased in revenue by about 8-9% every year since 2013. The sale of alcohol could increase sales and the number of patrons that enter the restaurant. Also, creating an outdoor dining environment could add to the ambiance; therefore, increasing revenue. There is room for an outdoor dining patio to the north of the existing building.
Financing:
possible owner financing, terms negotiable
Support & Training:
This is a family owned and operated business. Training and support can be provided for an extended period of time to provide a continuity to the business and a smooth transition to a new owner.
Reason for Selling:
The owners would like to retire.
Home-Based:
This business is Home-Based

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Business Listed By:
Kathy Pannell

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