Looking for a great restaurant opportunity, turn key, management in place, really cool concepts and even growth potential? This amazing package is a unique chance to get all that and more in one acquisition – all located in Texas, south of Houston!
This is a unique opportunity to acquire multiple concepts that have been developed from the ground up, have proven customer appeal, exemplary menus, fun ambiance, neat locations and can even be franchised for state or nationwide expansion for a buyer looking for a major growth opportunity. Located in South Texas area, there are three main concepts of different cuisines, with one recently expanding to include a festivities and event hall. Due to confidentiality, the locations will be disclosed only after an NDA is executed. 2022 revenue exceeded $5,000,000! With Gross Profit almost 65%, payroll 32% and rent 8.6%, these deliver great cash flow.
Managers are in place; exiting owner participates as needed and mostly provide remote, directional support.
The last addition to this group was opened in early 2022, so $5M revenue was reached without the full year benefit of the last location. Revenue / POS data, COGS, Labor and rental expense will be disclosed, along with employee census information. It is anticipated that those familiar with this industry will have an understanding of restaurant margins. This is not expected to be an SBA/lendable sale, cash buyers only. Sellers may finance a portion depending on the buyer.
This is ideal for either an experienced restauranteur looking for a major addition across restaurant styles, or an owner operator ready to take on the challenge of running and an already established, successful, and turnkey set of restaurants.