Please ensure Javascript is enabled for purposes of website accessibility Authentic German Restaurant with German Chef | Tony Keane | Transworld Business Advisors

Authentic German Restaurant with German Chef

Listing Number: 76931-269056

Description

Established for over 10 years, this local and tourist favorite restaurant offers a genuine and authentic German cuisine experience. Business has been featured in numerous food publications for both recognition in dishes and baked goods, of which, each segment consisting of ~50% revenue share.

Business has seen steady growth and demand YOY, with increasing revenues and patrons having led to the recent expansion into a new location of ~4,800 SF in 2020. Sale includes FF&E valued at ~$375K and an additional ~$25K in leaseholds.

Café currently operates with 2 chefs who will continue to serve the business after the sale, plus a team of experienced wait staff. Current plans in place to expand into catering services designed too significantly increase revenues and profit. Additional opportunities exist with expanding operation hours, creating a wholesale product line, and partnering with local online delivery drivers / carriers. Owners are seeking sale to return to German to be with family.

Listing Details

  • Price: $595,000
  • Down Payment: $595,000
  • Sellers Discretionary Earnings: $166,996
  • Total Sales: $787,962
  • Location: Nueces County, Texas

  • Inventory: $4,733
  • FF&E: $373,533
  • Employees: 8
  • Year Established: 2011
  • Reason for Selling: Health Issues/Return to Germany
  • Category: Restaurants
Authentic German Restaurant with German Chef

Contact Agent:

Tony Keane
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