High volume restaurant bar. Experienced, reliable staff, scalable.
Our firm offers, for your ownership consideration a Texas barbecue family restaurant offering a fast casual, rustic atmosphere in Fort Worth, Texas Metro Area. The restaurant features BBQ, steaks, burgers, seafood and kid’s meals with private rooms, patios and family areas. The entire restaurant welcomes families, sports and music fans alike. This is the place to be and to be seen! The restaurant is famous for its BBQ, food, service and catering. The restaurant is well-established with strong management in place. Many growth opportunities exist to expand the current business, increase profits and build further catering.
The owner works part-time about 15-25 hrs/wk. The semi-absentee owner feels that a major advantage over competitors is the seniority and experience of the employees. The owner states that the management and kitchen team are professional, well-experienced and are a major asset to the company. The customers are happy with the service and food. The owner feels that they can be replaced by a hard-working owner who is dedicated to the company. The landlord will offer a long-term lease plus renewal options to a qualified tenant.
The asking price for the assets of the business is $1,100,000 with SBA Bank financing for a qualified purchaser. The Seller will consider up to $100,000 seller financing to a purchaser qualified and approved by the Seller. The assets include inventory at cost of $30,000 and FFE (Furniture, Fixtures and Equipment) valued at $150,000.
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