Popular Seafood Restaurant

Brazoria County, TX

Seller Financing Available
Whole Baby Red Snapper
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Asking Price: $250,000

Cash Flow: $243,771

Gross Revenue: $1,508,100

EBITDA: $119,200

FF&E: $10,000

Inventory: $6,000

Established: 1987

Popular Seafood Restaurant

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Business Description

Established Iconinc Seafood Restaurant in Growing Tourist Area

Boasting some of the best seafood on the Texas Gulf coast, this restaurant serves its Cajun/Greek specialties in a unique setting that attracts a wide variety of clientele. Long standing relationships with local fresh sourced purveyors ensures consistency of product and excellent reputation in the community. Seats 150 people, banquet seating up to 60 in private room.

Detailed Information

Location:
Brazoria County, TX
Inventory:
Included in asking price
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Equipment, tables, seating, electronics, small wares, nautical artifacts, etc. convey. Inventory, lease, recipe book
Competition:
Only upscale restaurant on the Island. Four other restaurants on the Island. some have seafood but mainly sell fried or minimal seafood selections plus sandwiches/burgers.. No gourmet type items.
Growth & Expansion:
Lots of chemical plants in area expanding. Tourist trade expanding. Opportunity to add breakfast service/add bar and liquor. Currently sell beer/wine only.
Financing:
Business for sale/Property for sale or lease/Financing available
Support & Training:
Training manuals for all positions, Owner will stay and train for three weeks. Currently have three individuals that can manage FOH, 1 for BOH part time
Reason for Selling:
Owner looking to relocate/explore other opportunities
Franchise:
This business is an established franchise
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Business Listed By:
Lin Biar

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