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Authentic German Restaurant With German Chef In Nueces County For Sale

Nueces County, Texas, US
Asking Price:
$649,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$787,961
Cash Flow:
$166,996

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-269056

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.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $4,898.00

Square Units (Foot, Meter): 4,800

Lease Expiration Date: October 21, 2025, 12:00:00 AM

Terms Options: 5 years renewable

Location:

Facilities: Facility is in excellent condition with a well managed layout for production and customer service.

Premises Details:

FF&E Overview: Everything in the Restaurant will be included.

FF&E General Condition: Excellent

Business Operation

Expansion Potential:

With the Harbor Bridge project underway, the city will become the Number 1 port in America. The city continues to experience growth above the National Average. With Naval Air Station Corpus Christi and a large Veteran population that have been to Germany, the word keeps spreading about this amazing Restaurant.
Internal factors that will contribute to growth are the catering aspect that is supported and largely expected to be launched by new ownership.

Competition / Market:

- Featured in the Texas Traveler, Corpus Christi Caller Times, Readers’ Choice and Best in Texas
- Business has been in operation for 13 years
- Newer location – designed with the ability to meet current and growing operational needs
- Catering piece of business expected to add 40% on top of 2023 Revenue
- Landlord has made $27,846.13 in improvements just in 2023
- All staff completely trained for their respective duties of the business
- Established Clientele of 2500+patrons
- No competition within 180 miles
- Increasing Revenue Trends

Reasons for selling:

Health Issues/Return to Germany

Trading hours:

7-2 Tuesday-Sunday

Employees:
8
Years established:
2011

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 2

Furniture / Fixtures value:
$373,533 - included in the asking price
Inventory / Stock value:
$4,733 - included in the asking price