Rare Waterfront Opportunity: The Only Restaurant on Rockport’s Little Bay Own a local landmark with the best views in Rockport. Yarbarita’s offers a unique combination of high-performing business operations and prime coastal real estate. Extensively renovated "down to the studs" in 2021, this property is turn-key with all-new electrical, plumbing, and high-end finishes.
Financial Performance & Flexibility: This business is perfectly positioned for two types of buyers: Semi-Absentee Investor: With a dedicated General Manager and seasoned staff in place, a new owner can enjoy a hands-off role with approximately $90,000 in annual cash flow. Owner-Operator: A hands-on manager can replace the GM role to realize the full $140,000 Seller’s Discretionary Earnings (SDE) potential. Property & Facility Highlights: The Palapa: A 1,000 SF, 2-story windstorm-certified thatched roof deck—the premier outdoor dining spot in the area.
Recent Renovations: 2021 complete overhaul including a modern kitchen and brand new dining interior. Strategic Location: Directly adjacent to 30+ additional city parking spaces and steps from the famous Rockport Rookery. Growth Potential: Currently operating with a mixed beverage license in place; adding a full-service bar or expanding hours could significantly increase revenue.
Sale Includes: Real Estate: High-value waterfront land and building (Valued at $744,000). Assets: Approximately $237,000 in FF&E (Furniture, Fixtures, & Equipment). Intangibles: Fully established brand, systems, and "competition-proof" location.
Owner Financing is available with 20% down for the right buyer.