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Full Service Restaurant & Bar - Beaumont


This is a beautiful and profitable full service restaurant serving lunch (50%) and dinner (50%) that seats approximately 90 people.  Approximately 15% of the business is for catering parties and special events.  They also use several restaurant computer apps for deliver service.  They have a outside patio area, a full kitchen, and large dining room area.  This business is located on 1-10 East in Beaumont, Texas and has great viability with ample parking. They also have a hookah bar open on Friday and Saturday nights with live music and dancing that seats approximately 100 people.  


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Background information

Reference:

82341

Year established:

2014

Reason selling:

Leaving the country

Finance

Sales:

$600,000

Profits:

$145,400

Profit type:

EBITDA

Operations

Employees:

Restaurant 2 FT & 6 PT Bar 4 PT

Equipment:

See list in file

Inventory:

$10,000 food & beverage

Premises

Facility:

This is a full service restaurant with a separate bar located in a shopping center.

Square footage:

4366

Rent and lease terms:

$3,750 Gross - Lease expires 2025

Location:

This business is located in a shopping center fronting on I-10 East in Beaumont, TX. Great viability and lots of parking.

Price and terms

Price:

$225,000

Down payment:

$100,000

Financing:

$100,000 cash down, and $125,000 Seller Financing for 3 years @ 6% - $3,802.74 P/M.

Training:

As needed

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