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Restaurant For Sale

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Listing ID: 308

Property Name
City Red Oak
State, Province, Region Texas
Country USA
Zip/Postcode (where applicable) 75154
Property Listed By Private Seller
Type Restaurant
Food Type American
Seating Capacity 140
Size (sq. feet) 4600
Gross Annual Revenue (optional) 100,040,000.00
No of Employees 40
Is Real Estate Included or Leased Leased
If leased, please state: Does not apply
Assumable Does not apply
Monthly Lease Rent 5300.00
Lease Terms 1
Franchise No
Licenses (if any)
Owner Finance partial
Down payment partial
Brief Description The more experience the buyer has, the more we will finance. Business must have good manager, but kitchen staff has been with us 15 plus years and really know what they are doing and are very reliable.
Detailed Description of Business We have a great staff, but they must still be managed. This restuarant is doing nothing but growing. The town of Red Oak is booming with Triumph Airplane Manufacturing opening up a new plant with 400 + employees to open this summer and a new college making plans to build. Business is already great and these businesses will send it over the top.Our food is awesome! Fresh baked bread everyday. Everything from scratch. Very little turn over in the kitchen which is priceless in the restaurant business. Red Oak has awesome schools and is a great place to raise a family. A perfect mix of country and city living.
Detailed Description of Location In Red Oak, Texas located directly across the street from the new high school. Several subdivisions surround us. Waxahachie 10 minutes away.
Reason for Sale Retire
Price 200,000 USD
Asking Price Business Only
Virtual Tour URL http://
Website URL http://342grill.com

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