97 Main Bailey, TX 75413
This exceptional opportunity presents the former Bailey BBQ, ideally situated at the intersection of 97 N Main in Bailey, Texas. This 1,128 square foot restaurant sits on a 0.06-acre lot and is offered at $165,000. The property boasts significant advantages for a new owner, including prime FM frontage, access to city water and sewer services, and a fully equipped kitchen ready for immediate operation. The sale includes all existing restaurant equipment, eliminating the need for costly initial investments. This comprehensive inventory encompasses a smoker, ice machine, food warmers, fryers, griddle, stove, an array of utensils, a coffee maker, and ample tables and chairs. The restaurant's location within the growing market of Fannin County presents a compelling opportunity for continued success. The turnkey nature of this offering allows for a seamless transition into ownership, minimizing start-up time and maximizing potential returns. This is a rare chance to acquire an established business with all the necessary equipment and infrastructure in place, ready for a new owner to step in and begin generating revenue. The property's convenient location and existing infrastructure make it an attractive proposition for entrepreneurs seeking a profitable venture in a thriving community. Don't miss this chance to own your own piece of Bailey, Texas.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.