businesses for sale

High volume, profitable restaurant  for sale

Location: New Waverly, Texas

Category: Restaurants for sale

Asking price: $60,000.00

Description of the business for sale
High volume, profitable restaurant at a very, very cheap price. Full service, home cooking, country café, no alcohol with bakery and BBQ serving breakfast, lunch and dinner. Restaurant is 3,575 square feet and seats 80 people. We are very famous for our pies in the area and are well known in the area and by travelers between Houston and Dallas. This is located directly off the freeway and is very accessible with ample parking. This business grossed $964,000 in 2008 and $830,000 in 2009 and $671,000 in 2010. The numbers are now stabilizing and we expect to do $700,000 in 2011. This business was absentee from 2008-2010 and the owners less than 20 hours per week and owns other businesses. Motivated and realistic seller.

Can expand into catering – we currently do very little catering. Can also expand hours (we currently have limited hours). This is 100% turn-key, you will take home money in your pocket from day one, you will not miss a beat.

  • By phone: 936-661-2728
  • Ask for: Annie

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Business details

Morgan & Westfield
Newport Beach, CA
Broker Co-op? contact us

Listing Id: 94717
Reference Id: Z962-WY
Year established: 1972
Employees: 20

Asking Price: $60,000.00
Revenue: $671,000.00
Annual Net: $60,000.00
Down Payment: $60,000.00

Business Type:
Non Relocatable Business

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