3701 Pure Atlantic Rd Groves, TX 77619-6337
This exceptional turnkey restaurant opportunity in Groves, Texas presents a fully operational and thriving establishment. Located at 3701 Pure Atlantic Rd, 77619, this 13,154 square foot restaurant boasts a loyal customer base drawn to its unique blend of Cajun, Creole, and Mexican cuisine. Known for its perfectly cooked chicken, fried catfish, and crispy fried prawns, the restaurant offers a diverse and appealing menu. The inviting atmosphere is enhanced by live music performances in the evenings, creating a vibrant yet relaxed ambiance. The friendly staff and homey decor contribute to a positive customer experience, fostering repeat business and a strong reputation within the community. The asking price is $2,400,000. This presents a rare chance to acquire a well-established, profitable restaurant with significant potential for continued growth in a desirable location. The business comes complete with everything needed for immediate operation, making it an ideal acquisition for experienced restaurateurs or ambitious entrepreneurs seeking entry into the food and beverage industry. This is a truly remarkable opportunity to own a beloved community establishment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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