74 year old restaurant with real estate included

Price: $1,995,000

Location: North Central Texas

Industry: Restaurant and Food

Listing ID: 42060346

Listing Status: New

Description

This offering is for a 74 year old hamburger restaurant, and the real estate it operates from on a very high-traffic roadway. The Buyer must purchase both the restaurant and the real estate, neither are available for purchase individually.

The restaurant building is 1,654 sq. ft. constructed in 1949. The land is .918 acres fully paved for parking 96 cars. The restaurant and property adjoin a nationally famous tourist attraction which generates significant traffic. The business was started in 1948 and has continues to operate very profitably by the same family.

The Owner-Operator is the daughter of the Founder, and has been managing the business many years. She is now ready to sell the company and retire. She will be happy to remain on board to assist the new owner for a transitional period of time to ensure a seamless transition.

LISTING DETAILS

Down Payment: N/A

Total Sales: N/A

Cash Flow: $132,057

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

FFE Included: Yes

Inventory: N/A

Operation

Year Established: 1948

Non-Owner Payroll: N/A

Location

Real Estate: N/A

Real Estate Included: Yes

Monthly Rent: N/A

Type of Location: Retail

Square Footage: 1654

Relocatable: No

Summary

Reason For Sale:

Retirement

Training & Support:

Seller will assist with transitional support

For more information on this listing, please complete our Non-Disclosure Agreement
LISTING OWNER