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Businesses For Sale   >>   Chiropractic Businesses For Sale   

Popular Family Restaurant - Seller Finance

Location  Texas,United States
Asking Price Range  < $250K
Gross Revenues  $667608
Net Profit / Cash Flow  $93492
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1980
Number of Employees  10 - 19
Inventory  122500
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  Seller will train
Reason for Sale  Owner's health & having spent 25 yrs in rest biz - ready to move on

Description  
This very popular, owner semi-absentee, family restaurant has been in the same location for over 30 years and is where the locals meet to eat! With some of the employees being there for over 15 years it has produced a very friendly and comfortable environment for their patrons. This eatery serves a large customer base in the Pasadena, Deer Park and LaPorte communities. It is located on one of the busiest streets in the area and minutes from the major refineries and chemical plants. Also, both San Jacinto College and Texas Chiropractic College are within less than a mile from the restaurant. They have a contract with a local city for dinners delivered to their senior citizens. An average of 120 meals a day are prepared and about 2/3 of them are picked up by city workers and delivered to seniors' homes and the rest are delivered by the business to the senior citizens center only 3 miles away. The restaurant is open 24 hours and is famous for its all-you-can-eat Breakfast Buffet. Many of the popular menu items are prepared in-house daily. The restaurant seats 144. Midnight through breakfast accounts for about 50% of sales (70% on weekends). Please be discreet - employees unaware business is for sale. Seller will do some owner financing for qualified buyer. Please refer to CBB Listing #7812MB


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