Prime Steaks and Wine with Real Estate in nearby Washington County

Brazos County, TX
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Asking Price:$2,150,000
Gross Revenue:$1,100,000
FF&E:$150,000
Established Year:2015
Cash Flow:$183,990
Inventory:$15,000
Real Estate:$1,200,000
BUSINESS DESCRIPTION

Six Figure Cash Flow, Real Estate Included!

Two highly rated restaurants with real estate included are now available for purchase in Washington County, Texas.  A buyer can purchase individually or as part of a package deal.  

The first is a highly rated fine dining establishment serving juicy prime cuts of locally grown beef, globally inspired small plates and brunch on Sundays.  The restaurant is smartly finished out with decor, custom tables, comfy chairs and bar stools and more. The kitchen equipment is fully operational and in good condition. A buyer will have the right to inspect the FF&E and property during due diligence. The property is two stories with 4,212 square feet of restaurant, kitchen and storage space along with an open air patio.

Offering Price:  $2,150,000

The second location is a town favorite is known for artisan pizzas fired in a custom brick oven, hot pressed paninis, fresh never frozen burgers on homemade buns, fresh cut fries and a variety of crisp salads. There is a full bar serving rotating handles of draft beers, premium cocktails, wines and also limited time offer drink specials for special events and occasions. The bar area is for trivia and games, watching sporting events on over 10 TV's or patrons can go outside and enjoy the open air patio.

Offering Price:  $1,350,000

The properties are being offered as part of the deal and recent commercial appraisals supports the real estate asking price. The seller is willing to include the LLC that operates both restaurants as part of a deal where a new operator can keep the licenses and permits in place.


DETAILED INFORMATION
Location
Brazos County, TX
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
4,212
Employees
18
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The restaurant is smartly finished out with decor, custom tables, comfy chairs and bar stools and more. The kitchen equipment is fully operational and in good condition. A buyer will have the right to inspect the FF&E and property during due diligence. The property is two stories with 4,212 square feet of restaurant, kitchen and storage space along with an open air patio.
Competition
This is a very cool, trendy, heavily visited market in Texas. The business is located in the central business district that has both heavy foot and vehicle traffic, especially on the weekends. There is not another restaurant that serves this style of 5 star cuisine nearby.
Growth & Expansion
This area of Texas is growing exponentially where people are relocating from other parts of the country, buying homes and property, increasing the local population growth. Located about an hour from Houston, this makes this area an ideal spot for those who work and commute.
Financing
100% at closing, 20% down for an SBA or conventional loan.
Support & Training
The restaurant is fully staffed with 10 full time staff with the other 6 to 8 staff part time employees. Seller is willing to ensure a smooth transition.
Reason for Selling
Other business interests
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Aaron
Evans
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Aaron Evans