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