Sunday, December 19, 2010

Once in a life-time opportunity to acquire a fully equipped restaurant in the #1 rural County in Texas under $225K


Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
Retail Property For Sale


BRISKET & BREW FULLY EQUIPPED RESTAURANT IN # 1 TX
3932 TX HWY 77 North, La Grange, TX 78945
3932 TX HWY 77 North, La Grange, TX 78945

3932 TX HWY 77 North, La Grange, TX 78945

Price:$224,500
Building Size:2,880 SF
Price/SF:$77.95
Property Type:Retail
Property Sub-type:Free Standing Bldg
Property Use Type:Vacant/Owner-User
Commission Split:3%
No. Stories:1
Year Built:2005
Lot Size:61,028 SF
Tax ID / APN #:57229
Last Verified 12/19/2010
Listing ID 16953633






Map of 3932 TX HWY 77 North, La Grange, TX 78945 (Fayette County)


Find out more about 3932 TX HWY 77 North, La Grange





Highlights
Fully equipped restaurant on 1.4 ac US HWY 77 with softgoods, transition management & non-compete 2,800 SF + 1,400 SF porches
Unmet annual local retail demand: $1.7M+ drinking places in zip code and $4.4M+Fayette County limited-service eating
Excellent rural school system. All 4 schools have very high Parent ratings. The elementary and intermediate are TEA Recognized
Fayette County is # 1 rural Texas County and # 7 rural US County to live in Progressive Farmer' s annual poll
Superior regional access: about 60-miles or less to Austin, College Station, Kyle/Buda, Round Rock, San Marcos, Sugar Land and West Houston
In the very affluent Austin DMA and one County removed from the extremely strong Houston DMA and the growing College Station-Waco DMA







Description
Due to family health issues, this is a once in a life-time opportunity to acquire a fully equipped restaurant in the #1 rural County in Texas under $225K.

$6M+ unmet local retail demand for services historically provided by the Brisket & Brew excluding the Brisket & Brew revenues.

Custom building with metal roof built in 2005 in very good condition. 2,880 SF HVAC and 1,440 SF covered porches per FCAD. 1.4+ acres with 267' est. frontage on US HWY 77 N. The Sellers will provide transition management, convey all recipes, extensive collection of policies and procedures and existing menu and execute a non-compete at closing.
(1) 2.6 mi. north of the La Grange loop. 2.6 mi. north of the intersection of US HWY 77 and TX HWY 71, the La Grange loop.

(2) 1.6 mi. north of the St. Marks Medical Center campus. St. Marks Medical Center is the only hospital in Fayette County, one of the County's largest employers and the highest work area concentration of high incomes in the County. We believe establishing a strong clientele in the Medical Center campus is one of the best revenue improvement opportunities for the BBQ & Brew.

(3) # 1 top TX rural & one of top US rural Counties to live. Located in Fayette County ranked # 1 rural Texas County and # 7 rural US County to live in Progressive Famer' s 2009 annual poll.

(4) Fayette County outperforms all adjacent Counties in key demographic and econometric indicators. For example, in comparison to all adjacent Counties, affluent Fayette County has the highest annual % growth in average household income and in $150K+ households and household consumer spending.

(5) Superior regional access: about 60-miles or less to Austin, College Station, Kyle/Buda, Round Rock, San Marcos, Sugar Land and West Houston.





Additional Photos

2-view from South

2-view from South


3-front porch

3-front porch


4-ready for service

4-ready for service


5-Dining Room

5-Dining Room


6-Play Ground

6-Play Ground


7-East Porch

7-East Porch


8-smokin patio

8-smokin patio


9-smoker

9-smoker


10-area from Bryan

10-area from Bryan's plane


11-close up from the air

11-close up from the air


12-view from north from the air

12-view from north from the air


13-view east to west from air

13-view east to west from air


14-main picture from air

14-main picture from air


15-both properties

15-both properties


21-satellite both properties

21-satellite both properties


23-satellite Brisket & Brew ONLY

23-satellite Brisket & Brew ONLY


26-satellite half-mile radius

26-satellite half-mile radius


30-La Grange map

30-La Grange map


31-area map

31-area map


32-regional map

32-regional map


33-QR code

33-QR code


41-retail gap total $ summary chart

41-retail gap total $ summary chart


42-retail gap total $ top 10 table

42-retail gap total $ top 10 table


43-retail gap total $ avg top 3, 5 & 10 chart

43-retail gap total $ avg top 3, 5 & 10 chart


44-retail gap total $ per household summary chart

44-retail gap total $ per household summary chart


45-retail gap total $ per household top 10 table

45-retail gap total $ per household top 10 table


46-retail gap total $ per household avg top 3, 5 & 10 chart

46-retail gap total $ per household avg top 3, 5 & 10 chart


47-retail gap total $ per person summary chart

47-retail gap total $ per person summary chart


48-retail gap total $ per person top 10 table

48-retail gap total $ per person top 10 table


49-retail gap total $ per person avg top 3, 5 & 10 chart

49-retail gap total $ per person avg top 3, 5 & 10 chart


Main

Main




Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.


 
Investment Properties on LoopNet.com

CJ6DL9M

No comments:

Post a Comment