It’s all about location. – This charming seafood restaurant is situated in a harbor, which is a beautiful yacht basin, in a small Texas town. It has a scenic, tranquil and inviting view very close to the water. The business enjoys a long-term, anchor presence in the community with many loyal, repeat customers, some of whom arrive by yacht. In a fast-growing town surrounded by large industrial plants with very high employee counts, this restaurant has solid, consistent financial performance. It has very clean, simple books and records. There is very little direct competition in town. About 90% of sales comes from food and 10% from alcohol. The business has a full liquor license. It seats 116 (92 upstairs and 24 downstairs). Walk-ins provide about 30% of new business, the rest from word of mouth and referrals. Approximately 75- to 80% sales are on credit cards, the rest is cash. A new owner will enjoy the peaceful, small town life with easy access to Houston, which is only 90 miles away. The building, which is owned by the seller, is located on leased land. The building is priced separately from the business but must be sold with the business. Overall, the cost of occupancy is very low. There are excellent opportunities for expansion and growth. Please refer to Listing #7906PT.

Posted Aug 10, 2015

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