37539- All-Inclusive! Traditional Southern Food, Seafood & Steaks


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37539-	All-Inclusive! Traditional Southern Food, Seafood & Steaks
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Asking Price: $858,000

Cash Flow: $92,000

Gross Revenue: $9,080,000


FF&E: $245,000

Inventory: $10,000

Established: 1992

37539- All-Inclusive! Traditional Southern Food, Seafood & Steaks

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Business Description

This full-service restaurant specializes in classic southern dishes including steaks, grilled chicken, grilled fresh saltwater fish like salmon, redfish, red snapper, and oysters on the half-shell and Cajun dishes. Included in the asking price, the 7,290-square foot facility includes a dining area, commercial grade kitchen, walk-in coolers, and office space. Offering these products requires a facility, equipment and 19 personnel with industry experience. The company has a proven track record, supported by 25+ years of ongoing business. With its broad range of menu items, marketing efforts focus on targeting individuals and commercial enterprises within Gregg County, Texas. Due to current owners’ personal reasons, 30% growth is expected to come easily to a new owner. Last year, total revenues were $908,381 with Seller’s Discretionary Earnings of $92,000. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

Detailed Information

Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Negotiable for the right price
Support & Training:
The owner will be available as needed for a standard transitioning period.
Reason for Selling:
Approaching retirement
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(from currently available funds)
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