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Granbury Grill Bar & Martini Lounge

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Location

  • City Other Texas
  • State Texas
  • CountryUnited States

Not Relocatable

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Seller Financing Available?
  • Principals Only?
  • Management Will Stay?
  • Willing To Co-Broker?

Our firm offers, for your ownership consideration, 2 unique restaurant concepts located in Granbury, Texas and sharing a kitchen. Concept 1 is featuring an open 2-storey seating area. Concept 2 is an upscale dining and martini lounge offering new menus every 8 weeks in an intimate dining experience. Both restaurants have built a growing and loyal following. The restaurants are located in a bright, cheery courtyard building setting a vibrant mixed retail and business development serving Granbury and the local communities. The prime location benefits from weekend tourism and is a travel destination for locals. 1) The casual grill and bar attracts and appeals to a wide variety of customers offering fresh grilled foods. It boasts the largest bottled and draft beer selection in Granbury. 2) The upscale dining and martini lounge attracts and appeals to upscale diners seeking a unique culinary experience with Granbury s only martini lounge. This is a strong location with excellent potential. The asking price for the assets of the business is $199,000 including inventory at cost of $10,000, all FFE (Furniture, Fixtures & Equipment) valued at $100,000. $75,000 down, balance commercial bank financing and up to $30,000 seller-financing to a qualified purchaser. All financing is to be personally guaranteed by the purchaser. The Purchaser will need to assume 1) dishwasher lease (~$166/mo) and 2) Icemaker lease $250/mo.

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