Oilfield Service and Supply Company for Sale Eagle Ford Shale | Fulcrum Development
June 6, 2022 No Comments
High Cash Flow Restaurant in Corpus Christi
Corpus Christi, Texas (Nueces County)
Gross Revenue:
EBITDA:
FF&E:
$510,000
N/A
$240,000
Inventory:
Rent:
Established:
N/A
N/A
2011
*not included in asking price.
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Business Description
Rare Opportunity with Great Cash Flow
Step into a unique opportunity that has established a loyal base of customers
with an eclectic menu that gives you the flexibility to introduce new dishes. This restaurant has two dining areas, a full bar and an outside patio that allows you the freedom to create different environments to cater to the varied demographics of the area.
with an eclectic menu that gives you the flexibility to introduce new dishes. This restaurant has two dining areas, a full bar and an outside patio that allows you the freedom to create different environments to cater to the varied demographics of the area.
Detailed Information
Location:
Corpus Christi, Texas (Nueces County)
Inventory:
Included in asking price
Real Estate:
Owned – not included in asking price but available
Building SF:
4,700
Lease Expiration:
N/A
Employees:
4
Furniture, Fixtures & Equipment (FF&E):
Included in asking price
Facilities:
The owner recently upgraded a lot of the equipment and everything is well maintained. All equipment is owned. A list of equipment is available on request.
Competition:
Most areas are oversaturated with restaurants but the number one issue ranked by residents of the area is a lack of dining, shopping, and entertainment choices.
Growth & Expansion:
The owner decided to keep reduced hours since government regulations on COVID in 2019 so the restaurant is only open for dinner hours, five days a week. There is tremendous opportunity in opening the restaurant for lunch or even breakfast since that is underserved in the area. There are many more opportunities for growth and the new owners can choose the ones that fit them best. Maybe have the games on at the bar, offer a wider selection of fine wines, provide catering for businesses and events, host private parties.
Support & Training:
The owner is willing to negotiate whatever support and training the new buyers will need. He has been in the business for 41 years and his experience running restaurants in the US and across the world will be a great benefit to the new owners. He has owned this current restaurant for over 11 years and is committed to making sure the new owners succeed.
Reason for Selling:
The current owner has been working for 41 years and is ready to retire and enjoy
Other Information
Multiple financing options are available including long-term SBA financing.
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Fulcrum Development.
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us to discover the difference that is Fulcrum Development.
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