Listing Number: 76931-167561
Rare opportunity to acquire a well-developed brand that currently includes multiple upscale family-owned Brazilian steakhouse restaurants.
Since its first location opened in 2008, the brand has been honored with many awards for culinary excellence and customer service. Its elegant settings and upscale menu make its locations attractive venues for fine dining and special events. Demonstrating impressive growth in recent years, combined revenue for 2021 was over $6.7M, with adjusted EBITDA of over $1.8M, and projected revenue and adjusted EBITBA for 2022 total over $7.9M and $2.1M, respectively.
Note: The investment in leasehold improvements exceeds $1.2 Million. Real estate is available for two of the three locations to a qualified buyer.
Combined square footage of approximately 22,500 square feet with a seating capacity of approximately 620 patrons.
- Price: $ 2
- Down Payment: $2
- Sellers Discretionary Earnings: $ 2,100,000
- Total Sales: $ 7,900,000
- Location: Texas
- Inventory: $ 235,000
- FF&E: $ 640,000
- Employees: 85
- Year Established: 2008
- Reason for Selling: Other Business Interests
- Category: Restaurants