S407 – Gruene Restaurant Absentee Owne

New Braunfels Restaurant Absentee Owned - S407

Location

City New Braunfels
State Texas
County Comal

Financial Information

Asking Price $250,000 Show Loan Calculator
Down Payment 100%
Annual Receipts $541,000
Cash Flow $70,000

General Information

Description This is one of a kind, highly rated, casual dining restaurant available for acquisition. Nestled in a unique destination area with high foot traffic, the restaurant resonates hill country charm. The decor is homey and comforting and offers inside and patio dining. The exceptional menu offers culinary delights perfect for lunch as well as a relaxing dinner date. The restaurant was established in 1997 boasting an almost twenty year successful history. Since the business is currently passively owned, an active owner should realize an increase in Owner Cash Flow. There are opportunities for growth such as advertisement beyond just the website, expanded hours of operation, and off premise catered events. Attractive lease is 5% of revenue, which is incredibly low for the industry let alone this hot spot for tourism. Owner is selling due to another business interest. Current owner is willing to train new buyer for seamless transition. Serious inquiries with strong financial statements only. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. Call Bob Howells at 210-348-8989 or email at info@bbofsa.com for more information.
Reason For Sale Owner to focus on other business interest
Franchise No
Home Based No
Relocatable No
Year Established 1997
Year Acquired 1997
Employees 4 FT & 17 PT

Building Information

Building Sq. Footage 2,100 approximately
Monthly Rent $2,100
Real Estate Available No

Contact Business Brokers of San Antonio for more information.