seller_photo
V-AID Group, Inc. Contact This Broker
Oops, you're not logged in...
To send your message, either login or provide us with a password and we'll create your account. or
Login and your message will be sent. Your message can be edited above.




Give us a password and we'll create your account. Your message and account details can be edited above.




Elegant Prime Steak House in N. Dallas

Frisco, Texas : Restaurants
Listing #74921

Established since 1993 prime steakhouse located in the hub of fast growing city's historic downtown is now available for acquisition. This gorgeous steakhouse is occupied in a two-story historic stand-alone building which features elegant full bar, piano lounge, and private dining rooms that can accommodate small to large groups. The restaurant serves prime steaks, seafood, and extensive international wines. The restaurant has received many awards over the years as "Best Steakhouse" from various magazine and newspapers. The most recent annual revenues of the steakhouse are reaching around $1 million a year which is a great achievement considering the restaurant opens dinners only from Monday thru Sunday. Opening lunches is a great upside opportunity for new owner to instantly boost current revenues. Real estate included in the sale is appraised at $1.5 million. This is a great opportunity to acquire a rime steakhouse with real estate located in the hub of historic downtown of rapidly growing city.

Asking Price:

$1,600,000

Gross Income:

$1,000,000

(last 12 months)
Cash Flow:

$200,000

(last 12 months)
Inventory Value:

$25,000

Year Established: 1993 Business is Closed: No
Seller Financing Available: No Owner Operated: Yes
FF&E included: Yes Home-based: No
FF&E Value: $70,000 Training provided Yes
Real Estate is included: Yes Easily Relocated: No
Value of Real Estate: $1,500,000 Full Time Employees: 5
Real Estate Square Footage: 0 Part Time Employees: 26

Occupied in a 6,461 SF of a two story stand alone building located in the hub of downtown of a rapidly growing city in N. Dallas. The building features a gorgeous full bar with private dining rooms to accommodate small to large groups. Fully equipped kitchen is immaculate maintained.


Bizilla Reference # 19048 :   Report this listing