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 hrs/wk but has stepped completely away since approximately Sept 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 are 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 an owner-operator. The customers are happy with the service and food. This is a cash business and purchaser 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.

Facilities: The ~4,000+/- SF stand-alone building is leased for ~$1,700/month, increasing to $1,800 August 2024. The 5-year lease expires approximately July 31, 2025 with 9 yr total options. The security deposit is $0..

Support & Training: The seller wishes to ensure a seamless transition with the purchaser. He will train a buyer for up to 4 weeks included in the purchase price. The seller and seller’s daughter are willing to remain for a longer period of time, in a consulting role, if desired by a purchaser, at mutually agreed compensation.

Market & Competition: The food service industry is very competitive, and this restaurant is no exception. The local market has a range from small local mom & pops to large national food chains. HOWEVER, the Owner feels that no area restaurants offer the food quality, entertainment, family atmosphere, patios, capacity, and sheer enjoyment of his business.

Growth & Expansion: This is a strong location with high volume and excellent potential. A new owner can continue to grow the business and profits in several ways: 1) Continued radio advertising, 2) Continued marketing on Facebook (~8,500+followers) and boost posts for events and music shows, 3) Local store marketing and promotion, 4) Continued live music 4-6x per week, 5) Improve social Media such as claiming ownership of YELP account and asking for reviews, 6) Expand catering, add catering truck, 7) Continue expanding venue rental for special events.

Purchase Price: The asking price for the assets of the business is $450,000 ALL-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 to 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 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 process (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 M&A ADVISOR ABOUT THE BUSINESS AND ITS FINANCIALS HAS BEEN PREPARED BY OR IS BASED UPON REPRESENTATIONS AND INFORMATION SUPPLIED BY THE SELLER. ADVISOR HAS MADE NO INDEPENDENT INVESTIGATION OR VERIFICATION OF SAID INFORMATION.



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