1610 N BROADWAY STREET, BALLINGER, TX 76821
Homes for sale in Ballinger.
Homes for sale in 76821.
1610 N Broadway Street
Ballinger, TX 76821
List Price$1,950,000
Listing #21158785
About This Property
Profitable Steakhouse for Sale -- Ballinger, Texas Almost 40 Years in Business - Turnkey Opportunity This well established restaurant has been a local favorite for almost 40 years, earning a loyal customer base and strong regional reputation. The business is consistently profitable with proven financials and steady cash flow. Known for quality steaks, classic Texas hospitality, and repeat clientele, this turnkey operation is ideal for an owner-operator or investor seeking a stable, income-producing business. Highlights: Almost 40 years of continuous operation Very profitable with documented financials Strong local and regional customer following Turnkey operation with trained staff in place Well-maintained kitchen, dining area, and equipment Prime location on the way to Lake OH Ivey Excellent growth potential through expanded hours, catering, or marketing Seating for 100 Sale includes improvements, building, business, equipment, recipes, and goodwill. Food will convey at cost separately at closing with a bill of sale. All P&Ls can be sent over after the NDA is signed by you and your clients. When you visit the restaurant, please DO NOT talk to the staff or customers about why you are there.
Property Features
Location Information
County
Runnels
Subdivision
Clampitt Beefmaster
Interior Features
Has Fireplace
No
Floors
Wood
Heating
Central
Tenant Pays
All Utilities
Cooling
Central Air
Total Number of Units
2
Exterior Features
Construction
Board & Batten Siding, Wood Siding
Lot Size in Sq. Ft.
12,675
Foundation
Slab
Possible Best Use
Restaurant
Roof
Asphalt
Zoning
Commercial
Utilities
Electricity Connected, Sewer Available, Water Available
Building Total Area (Sq. Ft.)
3,253
Parking Description
Asphalt
Is One Story
No
Lot Size in Acres
0.291
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
COM
Tax Annual Amount
4072.0
Property SubType
Business
Exclusions
Food inventory to be sold separately at closing.
Year Built
1945
Lot Acres Source
Appraiser
Similar Listings
Mortgage Calculator
$9,106
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$7,026
Monthly Tax
$1,625
Monthly Insurance
$455
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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