TURNKEY ESTABLISHED RESTAURANT FOR SALE. Hwy 59/I-69 corridor including real estate
TURNKEY ESTABLISHED RESTAURANT FOR SALE. Hwy 59/I-69 corridor including real estate
You will not want to miss this opportunity to own one of the oldest and most successful restaurants in Livingston TX. El Burrito of Livingston was established in 1984 by Anneta Jo Ennis Cain and still owned and operated by her family. This turn-key Restaurant for Sale spans approximately 5,400 square feet and is located on a spacious +/- 1.207-acre lot on the busy Hwy 59/I69 corridor with room to expand to have an indoor/outdoor dining space. Owning the real estate provides long-term security and flexibility, ensuring you have control over your property and shielding you from escalating rental costs. It’s an investment that provides stability and the potential for future growth. The Restaurant boasts a generously sized dining room that creates an inviting atmosphere and a fully equipped commercial kitchen. Located in Livingston Tx., the Polk County seat. Livingston and Polk County are growing fast. You have the opportunity to grow with this amazing community.
Location
Country: | USA |
State or Province: | TX |
City: | Livingston |
Location Zip or Postal Code: | 77351 |
Listing Information
Service Type: | Sit-Down Table Service |
Title of Listing: | TURNKEY ESTABLISHED RESTAURANT FOR SALE. Hwy 59/I-69 corridor including real estate |
Year Established: | 1984 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 5400, Square Feet |
Patio: | No |
Number of Employees: | 11-50 |
Hours of Operation: | Sun - Thu: 11:00 AM - 9:00 PM Fri: 11:00 AM - 10:00 PM Sat: 11:00 AM - 9:00 PM |
Growth or Expansion Opportunities: | Yes |
Reason for Selling: | Absentee owner looking to retire and cash out. |
Owner Operated or Absentee Owner or Flexible: | Absentee Owner |
Financial Details
Asking Price: | $2,500,000.00 |
Gross Revenue: | $1,972,056.00 |
Gross Revenue Range: | $1,000,000+ |
EBITDA Range: | $100,000-$300,000 |
SDE Range: | $100,000-$300,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Value included in price?: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Real Estate Owned |
Real Estate Value Included?: | Yes |
Contact Listing Owner
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