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Homestyle Cooking Destination with Real Estate Included


"From days spent with our moms in the kitchen to nights sitting down to the table with the whole family, food-centered nostalgia is a powerful thing. Prepare for a yummy and comforting dose of nostalgia when you sit down and eat food made fresh daily from tasty recipes straight from my (and your) grandma's kitchen. "

This destination seafood buffet restaurant is well positioned between two lakes in Fannin County in North Texas where luxury lake lots are sold as fast as they can develop them. An owner/operator can make the exit from fast growing counties of Collin and Grayson and own a piece of history, enjoy country living and serve great food to very appreciative customers.

Currently, it's open Wednesday to Sunday serving all you can eat buffets for lunch and all you can eat fish on Friday and Saturday nights. A new owner could open an extra day and serve another dinner special during the week or brunch on Sunday. The restaurant draws patrons from nearby towns including Paris, Sherman, Bonham, McKinney, tourists and has been featured in popular publications.

Real estate is included in the price with the total square footage of 10,696 which includes the restaurant, adjacent overflow and event space and a recently renovated apartment upstairs which would be great for an owner operator or even an short term rental. The deal will be turnkey including the unique decorations that make up the "old is cool" motif.

Texas Restaurant Advisors and bigInk Commercial Real Estate require prospective buyers to sign and NDA and buyer profile before sensitive information regarding the business will be shared.

Listed By: Aaron Evans

Background information

Reference:

TR1071

Year established:

2005

Reason selling:

Retirement

Finance

Sales:

$519,635

Operations

Employees:

14

Equipment:

Included in asking price $25,000

Inventory:

Included in asking price

Premises

Facility:

Full furnished and well maintained restaurant included an expensive collection of antiques and decorations, complete kitchen with walk in cooler, walk in freezer, high capacity fryers, vent hood with fire suppression, ice machines, water purifier and more. A restaurant has been in the space since 2005, the new owners purchased in 2015 and made upgrades and improvements to the building, roof, equipment and more.

Location:

Collin County, TX

Opportunities

Growth:

A buyer/owner operator could increase weekly sales by opening an extra day or evening and offer cuisine that cannot be found nearby including smoked barbecue, fajitas, enchiladas and more.

Price and terms

Price:

$1,000,000

Training:

The seller is willing and able to ensure a smooth transition.