Enchanting Adriatica Restaurant Overlooking Water

Mckinney, TX (Collin County)

Seller Financing Available
Enchanting Adriatica Restaurant Overlooking Water
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Asking Price: Get Financing: $295,000

Cash Flow: $304,863

Gross Revenue: $1,002,270

EBITDA: $304,863

FF&E: $320,000

Inventory: $6,800

Lease Rate: $6,500 /Month

Established: 2016

Enchanting Adriatica Restaurant Overlooking Water

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Business Description

McKinney Waterfront Owner Profit $304,863

Located in a thoughtfully planned development, this company is situated on the corner of two heavily traveled roads. In 2015, traffic counts passing by this location registered over 27,000 vehicles. Also, its close proximity to major thoroughfares, the historic Downtown McKinney, Downtown Dallas, and major airports make this area a choice destination.

The enchanting nature of Adriatica Village lures many an individual to its unique area. Woven throughout this spectacular community are a wonderful balance of lifestyle and a sense of pride in community. Adriatica was modeled after the romantic “Eastern Adriatic” paradise of East Europe. Cobblestone streets, Old World Architecture, the Bell Tower near the waterside Bella Donna Chapel are all attractions here, which transcend one back to a far off land. Homes, villas, condominiums, apartment homes, assisted living residences (coming soon), retail, commercial, office, and restaurants generate a steady flow of residents and visitors to this area. Adriatica has great walkability.

Contact Scot A. Jones Office PH: 214.495.9200 or email Jones@JonesCorporate.com for financial statements and additional information on this company.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,301
Lease Expiration:
5/31/2021
Employees:
8 P.T.
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable
Support & Training:
Owner to provide training to purchaser to secure a proper and complete transition; training to be detailed on the Purchase Agreement.
Reason for Selling:
Owner's Health is Requiring Retirement
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Scot A. Jones

Business Listed By:
Scot A. Jones

The Jones Group

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