Gun Barrel City Texas Business for sale

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Gun Barrel City Texas Business for Sale

High Volume Restaurant Bar Cedar Creek Lake Area

Gun Barrel City, Texas
Opportunity to purchase high volume, profitable, well established family restaurant/bar operation with the real property near the bustling Cedar Creek Lake community in Texas. Excellent reputation and food. Well known with locals and out of towners alike. Full liquor license (private club arrangement with the TABC). Very clean operation. Equipment, leasehold and physical appearance well maintained by current owners.

Motivated sellers ready to consider all offers (owner husband has health situation that is forcing the sale).

Seller will provide on-site training after the purchase, assist in securing retention of employees and transfer of supplier relationships, provide on-call telephone assistance after competition of the training and sign a no competition agreement.

SALE OF BUSINESS EXTREMELY CONFIDENTIAL!! Employees and customers unaware of seller’s intentions. Business to be seen as a customer only and please act like one. DO NOT CONTACT EMPLOYEES OR OWNER!! Any closer looks at the business or meetings with the owner are to be done after hours by appointment only.

Additional business details are available. You will be required to document your ability to complete the proposed transaction. For more information on this restaurant operation for sale, please contact Stocker Travis at 972-783-1662 or e-mail at stravis@bizdealmaker.com

Financials

Price: $1,100,000
Gross Income: $935,536
Cash Flow: $146,881
FFE: $100,000
Inventory: $5,000
Real Estate Value: $450,000
Source Data:

About the Business

Listing ID: #ST9079
Year Established: 1980
Financing: Financing available at competitive interest rate and reasonable term from a 3rd party lender to qualified applicant with sufficient credit & cash injection.
Training: Seller will provide on-site training after purchase, assist in securing retention of employees and transfer of supplier relationships, provide on-call telephone assistance after completion of training
Facilities: Business operates in a 4,804 square foot free standing building located on a ¾ acre tract of real property.
Competition:
Growth:
Business Listed By
Name: Anne Barr
Company: Venture Opportunities, Inc.
Phone: 972-783-1662

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The information in this listing has been provided by the business seller or representative stated above. The Business Broker Journal has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information.

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