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Profitable, Comfort Food Restaurant and Bar in Dallas County


Texas Restaurant Advisors and bigInk Commercial Real Estate require an NDA and buyer information form before any additional information will be shared. The business is in operation and may be harmed if news of the sale became public.

Highly rated, southern style cooking restaurant and bar in Irving is now available for acquisition. The deal is turn key including the intellectual property (brand, recipes and processes), assets and saleable inventory. Established over 30 years ago, this restaurant is a local icon offering fried catfish, oysters, shrimp, crawfish, craft cocktails and frozen drinks, all served by attentive and engaging staff.

The 4,649 square foot space located in an inline strip center is fully furnished including a dedicated bar area and ample parking.  Rent is $5,873.24 per month.  A full FF&E list is provided in the data room and buyers will have the right to inspect them. Items include walk in cooler and freezer, deep fryers, ice makers, dish machines, POS, security system and much more.

The foundation and goodwill is solid and there's tremendous potential for continued growth. While the restaurant is deeply rooted in tradition, a few minor updates and modern enhancements could boost profitability even further, ensuring its continued success for decades to come. Owning this local favorite is more than just a business opportunity-it's a chance to steward a beloved cultural institution. As the next owner, you will not only preserve its legacy but also write the next chapter in its history, ensuring that it continues to serve up comfort, nostalgia, and delicious meals for years to come.

Reason selling:  Retirement and lives out of state.

Sales:  $1,570,789.00
Sellers Discretionary Earnings:  $287,575.00

 

 



Listed By: Aaron Evans

Background information

Reference:

TR1095

Year established:

1988

Reason selling:

Retirement and family out of state relocation.

Finance

Sales:

$1,570,789

Operations

Employees:

25

Equipment:

Included in asking price $100,000

Furniture fixtures and equipment:

A full FF&E list is provided in the data room. Items include walk in cooler and freezer, deep fryers, ice makers, dish machines, POS, security system and much more.

Premises

Facility:

The 4,649 square foot space located in an inline strip center is fully furnished including a dedicated bar area and ample parking.

Square footage:

4,649

Rent and lease terms:

$5,873.24 per Month

Location:

Irving, TX

Opportunities

Growth:

A new owner operator could expand the catering operation including acquiring mobile cooking equipment to cook at customers locations, investment additional dollars into social media marketing and more.

Market:

Competition is to be expected among restaurants. However, this business doesn't have any nearby, direct competition.

Price and terms

Price:

Undisclosed

Financing:

10% to 20% down at closing for an SBA loan.

Training:

Sellers will ensure a smooth transition with a new owner and time is negotiable.