Description of the business for sale
This full service restaurant has it all: Texas steak, Texas seafood, and Texas music in a beautiful Texas Hill Country downtown setting. The facility was recently fully renovated, including new equipment, and provides indoor and outdoor seating plus a private room which combined can accommodate up to 150 guests. A captive audience exists in this ever growing population plus the thousands of tourists that frequent the vibrant downtown. The business is efficiently run with a sales breakdown of 80/20 food to alcohol; cost of goods runs 30% and labor 20%.
GROWTH: The natural growth of the area will certainly continue to positively impact the business. Catering and increased advertising in the region are 2 steps the new owner could take.
COMPETITION: There are few restaurant options in the area and each is considerably different minimizing competition.
ADDITIONAL FINANCIAL INFORMATION
•Financing: Negotiable
•FF&E: $175,000
REASONS FOR SELLING: Retirement
Support / Training provided by seller
Seller will provide transitional assistance.
Description of the facilities
The restaurant encompasses 2,850 square feet of indoor dining / kitchen space plus a large outdoor patio and stage for live music. The space was recently renovated and beautifully redecorated with new furniture, artwork, and structural adjustments all reflective of its natural surroundings. The downtown location resides amongst quaint, unique shops which attract thousands of tourists.