TexasCameron

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6The Palms Resort and Cafe on the BeachThe Palms Resort and Cafe on the Beach
$5,900,000
The Palms Resort and Cafe on the BeachThe Palms Resort and Cafe on the Beach

South Padre Island, TX

The Palms Resort and Cafe On The Beach have a strong track record of steady growth and very profitable operations. 2018 results delivered revenue of nearly $2.3 million with a net profit of $591,900.  The greatest upside potential for both revenue and profit growth lie in the hotel operations. The SPI CVB recently released a report that confirms The Palms Resort has 45% upside potential in occupancy in order to be at par with the average occupancy for South Padre Island. Although currently very profitable, any increase in occupancy in the hotel would generate significant net profit growth because no capital investment would be required.  With better rate management, event marketing, and targeted advertising, hotel revenue could increase to $750,000 per year (to be on par with the 2017 average REVPAR for South Padre Island).   With the recent two-story addition, the Resort now has meeting facilities for 30 persons, an attractive lobby/gift shop, administrative area, maintenance area, and in-house laundry facility with storage for housekeeping supplies. The sale is “turnkey“ with operating supplies, inventory, furniture, fixtures and equipment all included in the purchase price. The Cafe On The Beach generates 75% of the revenue, and 77% of the net profit for this enterprise. The Palms Resort (hotel) holds the greatest potential for increased revenue and significant increased net profit. For every dollar of increased hotel sales, more than 90% of it will fall to the bottom line. Both entities employ experienced, long-term employees. The enterprise (Cafe and Hotel) is managed by a very seasoned and capable on-site manager. There are no other opportunities of this nature available.   Summary financials are available for qualified investors, or owner/operators. Detailed financials are available upon signing a Confidentiality Agreement. Please do not visit the property without the Broker. Offered at $6,500,000.00 at a 9.1% Cap Rate *ADJ CAP RATE: 10% (Adjusted for $500,000 of furniture, inventory, operating supplies, equipment and fixtures that are included in the purchase price)

Bon Appetit Pastry Route, Brownsville, TXHuge Opportunity To Own Your Own Business!
$20,000
Bon Appetit Pastry Route, Brownsville, TXHuge Opportunity To Own Your Own Business!

Brownsville, TX

Bon Appetit Pastry Route available for qualified prospects in the Brownsville, Harlingen, McAllen, Laredo, Texas region. Must have available a $10,000 broker fee plus an additional $10,000 for company security deposit ($20,000)! Prospects must also have previous direct store delivery or route experience (required). Currently this route averages an estimated 1,550 units per week and has 7 accounts with 25 more coming on in June. Accounts include convenience stores, truck stops and gas stations.

Profitable Environmental Kitchen Services
$180,000Cash Flow: $60,000
Profitable Environmental Kitchen Services

South Padre Island, TX

This profitable, growing business is part of a major national franchise system providing many proven environmental services to commercial kitchens. Lots of room for continued growth. The exclusive protected franchise territory extends from Mission to South Padre Island. The core services are micro-filtration of cooking oil and the vacuum based cleaning of deep fryers. Current and potential clients include hotels, restaurants, bars, sports venues, fast food outlets, hospitals, schools - in fact anywhere food is fried and/or there are cold storage units. No previous experience required because the franchisor provides the training, systems and support for all key areas of business ownership. A few of the many benefits of what has been called the ultimate van-based franchise include: • Residual income • Requires few customers (30-40) • Low overhead, home based • Environmentally sustainable • High demand Everything is already established for web presence, advertising, social media, and local and national business marketing. And you will have access to a wealth of proven marketing resources, marketing knowledge and support.

Convenience Store Business Plus
Convenience Store Business Plus

Cameron County, TX

BUSINESS FOR SALE ($350,000) OR ENTIRE SITE & BUSINESS FOR SALE ($900,000) GREAT OPPORTUNITY TO OWN & OPERATE YOUR OWN BUSINESS & CASH FLOW ON DAY OF OPENING! GREAT LOCATION! Fully operational convenience store, great corner location within ½ mile from the Valley International. Airport. The Harlingen Industrial Park is less than ½ mile from site to the south. Port of Harlingen less than 4 miles from site. TSTC (Texas State Technical College) ½ mile from site. An existing 180 unit apartment complex across Loop 499 from site, and 27 new townhomes just constructed are being leased. A new 72 apartment complex is presently under construction adjacent to the existing 180 unit, directly across from the site. LAND: 1.597 acre corner, 4 ingress/egress access points with room for expansion. Easy tractor trailer maneuvering from diesel pump as site has drive around access. BUILDING: 4,264 s.f. plus canopy over pumps const +/-1999. All recently upgraded in 2018-2019. Improvements include cashier counter, cashier office, game room, storage room, 2 ADA restrooms, kitchen area with capability to have drive thru window, seating area, camera system with 8 cameras, passport register system (2), 16 door cooler, 30+ parking. PUMPS : NEW (GILBARCO) 8- 500S PUMPS (2 HIGH FLOW DIESEL) 1 PUMP = 3 + 1 3 PUMPS = 3 + 0 (Capability to add diesel to each) Separate diesel truck island – two (2) pumps CALL OR EMAIL FOR FULL DETAILS (BRIEF)


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