Adam Noble Group, LLC offers, for your ownership consideration, a Texas cuisine family restaurant offering a fast casual, rustic atmosphere in Granbury, Texas.
The restaurant features BBQ, steaks, burgers, seafood, shrimp, and kid’s meals with a full bar, patios, front lawn outdoor seating/play areas, indoor acoustic concert area in bar with sound & lighting and approximately 475-person capacity outdoor concert venue with stage, bar, restrooms, food trailer, sound & lighting.
They have been voted Best Food and Best Entertainment Venue in Granbury and Hood County. They offer takeout, dine-in, outdoor seating, in-store pickup, catering and catering delivery.
The business is well known for its great service and friendly staff, who are always ready to help you. Here you will pay affordable prices. Expect the spectacular atmosphere at this place.
As a family owned restaurant and bar, they are always updating the menu and creating great daily specials! Come check out the live music, events, and family-friendly outdoor games. Plus, they give back to the community they call “home”.
The owner works part-time, about 20 hours a week, but has stepped completely away since approximately September 2023, due to health. The semi-absentee owner feels that a major advantage over his competitors is the employees.
His management and kitchen team are professional, well-experienced, and a major asset to the company. They operate virtually all aspects of the business.
The owner feels that he can be replaced by a hard-working owner who is dedicated to the company.
The restaurant has developed a loyal and dedicated clientele with many growth opportunities for the owner-operator. The customers are happy with the service and food.
This is a cash business, and purchasers will need to understand how to prove sales. The business has explosive growth opportunities for a savvy, live-music event entrepreneur.
This business is best-suited to an experienced owner-operator. Inexperienced operators should not purchase this business.
Purchase Price: The asking price for the assets of the business is $450,000 in cash, or $450,000 with $225,000 down and $225,000 seller-financing to a qualified buyer approved by the seller.
If required, the seller will consider financing a purchaser qualified/approved by the seller. All financing is to be personally guaranteed by the individual principals of a prospective purchaser.
THE SELLER PREFERS TO SELL FOR ALL CASH. The assets include inventory at a cost of $65,000 and FFE (furniture, fixtures, and equipment) valued at $250,000.
The price will be increased or decreased for actual inventory, work in progress (WIP), and accounts receivable as of the sale date.
Note: The sale of a business is confidential and discreet; please do not visit the business or speak with any employees or owners.
All statements, figures, and values are subject to a prospective purchaser’s due diligence.
The information furnished by the M&A advisor about the business and its financials has been prepared by or is based upon representations and information supplied by the seller.
The advisor has made no independent investigation or verification of said information.
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