Listing Number: 76931-545072
Description
Welcome to an unparalleled culinary gem nestled in the heart of a thriving, high-traffic community. This family-owned and operated restaurant with ~$126,000 SDE in 2022, has been a cultural cornerstone since 1993, is now seeking a new steward to elevate its legacy. Boasting updated equipment, appliances, and supplies, and a meticulously crafted system of efficiency, this turnkey establishment is primed for seamless transition.
Key Features
1. Prime Location: Situated in a vibrant and highly frequented part of town, the restaurant enjoys a steady stream of foot traffic, making it a go-to destination for locals and visitors alike The Restaurant boasts a capacity of 60 guests in the dining room and 30 more guests on the outdoor terrace and has private and shared parking. The location is a strategic asset for continued success.
2. Modern Infrastructure: The business benefits from cutting-edge updated equipment, appliances, and supplies. This ensures optimal efficiency, reducing operational downtime and maintenance costs for the prospective buyer.
3. Efficient Systems & Processes: The current owner has over 40 years of international executive experience in restaurants, corporate/franchise businesses and has worked with 25 international brands. Through this vast experience, he has implemented highly efficient systems and processes that have been fine-tuned over the years. These streamlined operations are designed for ease of training, allowing the new buyer to seamlessly take the reins and maintain the restaurant's high standards.
4. Cultural Legacy: With a rich history dating back to 1993, this restaurant has become a cultural institution in the community. The authenticity of its offerings and the warmth of its atmosphere have created a loyal customer base, providing a solid foundation for growth.
Why should you buy this business?
Decades of successful operation and a loyal customer base attest to the restaurant's appeal and viability. The meticulous systems in place, coupled with modern equipment, ensure a smooth transition for the new owner. Multiple avenues for growth, including catering services and expanded operating hours, offer the prospect of increased revenue and market share.
Don't miss the opportunity to become the custodian of this culinary legacy. Seize the chance to elevate a beloved establishment to new heights and write the next chapter in its storied history. The recipe for success is here; all it needs is your unique touch.
Listing Details
- Price: $225,000
- Down Payment: $225,000
- Sellers Discretionary Earnings: $126,974
- Total Sales: $354,912
- Location: Lubbock County, Texas
- Inventory: $14,000
- FF&E: $41,675
- Employees: 2
- Year Established: 1993
- Reason for Selling: Retirement
- Category: Restaurants
