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Impressive Homestyle Family Restaurant

#26906
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Jeannette026-FINAL 4 LIGHT GRAY

Jeannette Engel
Union Bay Group
(206) 783-1717

Business Overview

Business Description

Ever thought about you owning your own restaurant? If you enjoy cooking and would like to keep a family?s legacy alive and remain a staple in the community, I have an opportunity you MUST see! This is old-fashioned cuisine that can hardly be found anymore. Let your passion make your living! You?ll never work a day in your life if you love what you do, especially when your passion is creating historical revenue!



This locally owned & operated family restaurant, serving Southern comfort foods, desserts, and breakfast all day, has been serving its community for over forty years. From the loyal early birds all the way to the family ?just passing through?, this restaurant is a sure-fire appetite pleaser with an even better story to be told! Established in 1976 by the current owner?s father, this isn?t just restaurant, it?s a true staple in the community. Loved by many near and far, customers can enjoy table service or cafeteria style meals. The atmosphere transports customers into a truly western setting and gives you that true Texas feel, while providing legendary, southern hospitality.



The Real Estate sits on 0.41 acres and is 14,915 uniquely decorated square feet. This business is located just a stone?s throw from the local High School football stadium proving you an opportunity unlike any other under those Friday Night Lights! Sale includes business, Real Estate and $81,529.84 in FF&E. All equipment is functional and has been responsible for feeding the community for decades. Conveniently located on the main pass-through and right in the heart of the city. The estimated daily traffic count is 19,795 cars. The current 18 team members on staff are loyal to the business and the community and will stay on staff. After nearly fifty years of service, the seller is looking to retire, and the business is ready for someone to maintain the fantastic rapport this business has built within the community.

Listing Details

  • SIC

    58

  • Price

    $1,025,000

  • Downpayment

    N/A

  • Adjusted Net

    $112,231

  • Annual Sales

    $302,297

  • Area

    Southwest (OK, AR, LA, TX)

Relocatable

Home Based

Franchise

Lender Pre-Qualified

  • A/R

    N/A

  • Inventory

    $12,000

  • FF&E

    $81,530

  • Leasehold

    N/A

  • Vehicles

    N/A

  • Real Estate

    $693,000

  • Other Assets

    N/A

  • Total Assets

    N/A

  • Included

    N/A

  • Current Liabilities

    N/A

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