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.
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