Goldmine RESTAURANT and PROPERTY FOR SALE !! 20 years in business

Stephenville, TX (Erath County)

Goldmine RESTAURANT and PROPERTY FOR SALE !! 20 years in business
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Asking Price: $2,350,000

Cash Flow: $550,000

Gross Revenue: $1,600,000

EBITDA: N/A

FF&E: $200,000

Inventory: $20,000*

Real Estate: N/A

Established: 1997

*not included in asking price.

Goldmine RESTAURANT and PROPERTY FOR SALE !! 20 years in business

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Business Description

this has a consistent and loyal following , one of the most loved and appreciated business in the area, there is still room for growth, business has a beer and wine license but if you add liquor license will increase minimum 10-15%

with that being said this business has a high cash flow since it has been open and all the cook and staff in kitchen have been there over 15 years and will remain there

Detailed Information

Location:
Stephenville, TX
Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
4,400
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
all equipment is in perfect condition , well decorated atmosphere, high end , relaxed tones and colors
Competition:
due to 20 year history , loved and extremely welcomed food style and type, family gathering oriented because of its well known and welcomed presence families visit 2 to 3 times a week
Growth & Expansion:
has a beer and wine license but must apply for liquor license , which has been pre approved for the location, would increase business 10% to 15% in sales minimum
Support & Training:
one month training and support unlimited communication via telephone seller is the founder , and will always be willing to help as needed
Reason for Selling:
owner is retiring
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(from currently available funds)
 
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Ise Lushaj

Business Listed By:
Ise Lushaj

Paragon Brokers

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