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Texas Style Restaurant-Great Food, Service & Atmosphere for sale in Smith County, TX

Smith County, Texas (TX)

Asking Price: Gross: Cash Flow:
$ 3,500,000 $ 817,744 $ 227,871

Furniture and Fixtures Value:
$ 298,518 (included in the asking price)

Real Estate:
$ 2,800,000 (included in the asking price)

Business Summary:
Murphy Business & Financial Corporation Dallas is pleased to present for sale a rustic, Texas style, log-cabin eatery with a creek-side patio. The restaurant serves smoked Bar B Que, tasty fish dishes such as tilapia, salmon and catfish; a variety of steaks and wild game such as Quail, Venison, Duck and Kobe Beef. When you enter into the restaurant, you feel like you are walking through a museum. Displayed prominently on the heavy cedar walls are museum quality firearms, trophy big game mounts from all over the world and a bit of Texas history. The food is carefully prepared and scrumptious, the atmosphere is welcoming and customers love the service. The full bar is right out of the Wild West and serves up the best drinks in town. Please call for a full showing.

 

   
Year Business was Established: 1980
   
Number of Employees: 3 FT/25 PT  
   
Facilities / Terms of Lease: The premises currently consist of an 8,320 square foot 1 story restaurant building. The exterior construction is a mixture of log, stone, stucco and wood siding. The first floor is 7,444 square feet and includes an entry, 3 dining rooms, a large bar which includes dining area, kitchen, 2 large restrooms, 1 small restroom and 3 fireplaces. The second floor includes an 884 square foot large office. Additional improvements include a covered 358 square foot front porch and 2 separate rear porch areas with a total of approximately 1,600 square feet for additional dining. The larger of the two porches is concrete with flagstone accents and includes a flagstone fire pit along with extensive landscaping and a small waterfall. The smaller of the two porches is a wood deck with side railing. Other improvements include retaining walls, adequate concrete parking and a custom flagstone sign. The restaurant was constructed in 2008.  
   
Potential Growth/Expansion: The catering business is relatively new and could be expanded. A new owner could bring in music on a regular basis and provide entertainment to increase patrons. Advertising, coupons and other factors could increase the businesses population. A person or company within the industry could crank this location up and generate more traffic.  
   
Competition: There are other eateries in and around Tyler, most being chains and franchises. Few, if any, can provide the atmosphere and food the way they do. This restaurant is a mix between Texas History, a Museum and fine dining; in your boots and jeans. There is nothing like it.  
   
Owner willing to train: Will train for 2 weeks @ no cost.  
   
Reason for selling: The owners have owned this establishment for years. Its run its course and they are ready to retire from the restaurant business.  
   
Seller Reference Number: 6001-12983
BusinessMart.com Listing Number: 209111
 

 

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For more info contact:

Russ Bieber

Murphy Business & Financial Services
727-725-7090

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