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Sell your restaurant business in Texas - Laredo ,Webb county
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Prime Real Estate plus Turnkey Restaurant Business
Laredo ,Webb county, Texas

Asking Price

$1,600,000
Real Estate Included

Revenue $826,512 / year Lease Rent Contact For Info
Cash Flow Contact For Info Square Feet 6700
Direct Link www.restaurants-for-sale.com/26507

Rare and Golden Opportunity !. Don't miss this unique opportunity to own a prime piece of RESTAURANT REAL ESTATE plus a TURNKEY RESTAURANT BUSINESS in a high demand neighborhood, bustling city of Laredo Texas. An exceptional opportunity to purchase an award winning, a very well long established 6700 Sq. Ft Restaurant with a stellar reputation and been operating in the same location for more than 15 years. This fantastic Restaurant building was rebuilt almost 100% in 2006. It has a smart design, contemporary, stylish and practical in design, well maintained and located in a strategic, centralize, highly desirable location, with great potential for growth, given the excellent location in a fast-growing city. Location ,Location ,Location ! This vibrant active Restaurant has a terrific location in prime area of town, good signage in a highly desirable neighborhood, near major highway, great visibility, and easy access, heavy vehicular traffic, surrounded or closes proximity with shopping centers, commercial, retail, offices, banks, hotels, entertainment center, robust commercial activities and many other major market generators in a well-established locality. The recent New Outlet Shoppes of more than 358,000 sq.ft is a short distance from this Restaurant. This package ( Real Estate plus Turnkey Restaurant business ) is very Reasonably Priced at $1,600,000. No seller financing . It was appraised in Jan 2013 at $1,200,000. This current price at $1,600,000 includes Restaurant Real Estate, vehicles ,equipment, appliances, furniture, fittings (excluding personal decorative /displayed items) and a popular well known, long established restaurant business. With an awesome Real Estate in a prominent location, trained and skilled workforce, a strong base of customers/patrons, an established suppliers and vendors, licenses and permits why pay high cost to find a location, build a Restaurant, start business from scratch when you can buy a prime piece of Real Estate and a well-established Turn Key Restaurant for only a fraction of the startup cost? Features: Restaurant Real Estate including a fully functional TURNKEY Restaurant Business for sale. An outstanding restaurant that enjoys significant recognition, popular and well known among the community, strong and large base of loyal customers /patrons. Fully furnished and equipped Restaurant: Furniture, Fixtures, Machinery, Equipment, Licenses and Permits and Signage. Restaurant established: more than 15 years. Occupancy: 100% owner operated. Reason for selling: Owner retiring. 2016 Sales Revenue $826,512.24. Restaurant building with Net Leasable Area: 6700 Sq. Ft. Spacious and well-designed restaurant with seating capacity of 300. This beautiful and elegant ambiance restaurant is warm, unique dining environment with nice interior and exterior finish out. Gorgeous bar, dining areas and granite counter top in buffet area. The kitchen is fully equipped with items and equipment needed for a high- end service. Fully functional commercial kitchen with walk in coolers, freezers, vent hoods, etc. Stable demographic, excellent exposure and easy access in a busy location, heavy vehicular traffic, diversified clientele in a lively trade area with retail business, offices, hospital, schools, and many other major market generators in the vicinity. Rare and exceptional opportunity for experienced Restaurateurs, Restaurant chain operators or Investor to purchase a nice valuable piece of Real Estate and business which is already set up to operate as a quality well established restaurant. Opportunity to start your own new restaurant concept or expand the existing one, work as owner operator in your own high valued Restaurant Real Estate, no more issues with lease, rent hikes and landlord issues. Restaurant address and more information will be provided to only qualified prospects. All Prospects must go through a pre-qualifying process:- Qualified Prospects will be required to sign NDA (Non-disclosure agreement) prior to receiving information. Disclaimer: The information contained herein has been derived from Seller and sources deemed reliable but we make no guarantees, warranties or representation as to its completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, and change in price, conditions or withdrawal without notice. It is the responsibility of a prospective buyer to make their own inspection of all financial and other business records, and to seek independent experts and legal counsel regarding the purchase of this real estate and business.

General Information

Organization LLC
Year Established Contact For Info
Current Owners Contact For Info
Employees Contact For Info
Operating Hours Contact For Info
Reason For Sale Retiring
   

Facilities

Seating 300
Square Feet 6700
Parking Contact For Info
Licenses contact for more info
   

Financials

Revenue $826,512 / year
Cash Flow Contact For Info
Payroll Contact For Info
Inventory Contact For Info
FF & E Contact For Info
 
 

Lease

Lease Contact For Info  
Expiration Not Available  
Yearly Adjustment Not Available  
Option Not Available  
Deposit Not Available  
     

Financing

Down Payment Contact For Info  
All Cash Contact For Info  
Note Balance Contact For Info  
Term of Note Contact For Info  
 
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Listing Contact

Leena Wong
Realty Links Llc
phone: 512-689-3895


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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Restaurants For Sale Online, LLC has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness. Read the disclaimer before responding to any ad.

 
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