Just Reduced Established Cedar's Grill Restaurant for Sale

Bastrop, TX (Bastrop County)

Cedar's Grill

Asking Price:$149,999

Cash Flow:$140,000

Gross Revenue:$480,000

EBITDA:$100,000

FF&E:$40,000

Inventory:$5,000

Lease Rate/Sq. Ft.:$13

Established:2002

Just Reduced Established Cedar's Grill Restaurant for Sale

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Business Description

Voted #1 Italian Restaurant in Bastrop County, Prime Location

A delicious menu of Italian, Lebanese and Mediterranean dishes, Restaurant offers a comfortable family environment with two rooms seating. One room can be used for private party room or other special Occasions with a nice fireplace to set off the holiday celebrations. Second Main Room set up to seat fifty guest comfortably to enjoy a wonderful lunch or dinner. Total Restaurant seating one hundred guest. Cedar's Grill has been established since 2002. Offers a good selection of Appetizers, Soups, Salads, Poultry, Lamb, Beef, Seafood, Pasta and of course Desserts. Menu can be viewed @ www.CedarsMedGrill.com ...
Just Reduced from $200K to 150K very motivated to sell Business, Building can also be sold with Business please if you have any questions.
Tarek Boulbol
512-552-2198

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,600
Lease Expiration:
11/1/2021
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Only Assets, are included in this Sale, Building can be sold Separate if interested. Assets includes Tables, Chairs, POS, fridges, stoves, ovens, all kitchen accessories, Dishes, cabinets, all inventory, wine/bar license. (Home Based)
Competition:
Cedar's Grill is the only Restaurant of its kind that serves Italian and Mediterranean food. Located in PRIME Location with front road visibility to a main traffic high way 71/21 with easy access to facility.
Growth & Expansion:
There is a lot of room for growth, as in one mile radius a lot of new establishments have open, chains like HEB plus, Ross, Lowe's, Academy Sports, Best Buy, Bastrop Resort RV park and so much more. Also located by Emile elementary school, Firemans park, Bastrop court house and crosschairs texas. A lot of potential room growth for new owners.
Financing:
Lease Rate +NNN Option to Buy Call Tarek Boulbol 512-552-2198
Support & Training:
New Owner will be provided with one month training on all recipes, managing staff, operations and can negotiate time period for training if needed.
Reason for Selling:
Ready to Retire from the restaurant business.
Home-Based:
This business is Home-Based
Business Website:
http://www.cedarsmedgrill.com

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Business Listed By:
Tarek Boulbol

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