110 Bailey St Ponder, TX 76259

This exceptional turnkey business opportunity encompasses a 2,950 square foot commercial building situated on a 0.36-acre lot in Ponder, Texas. The property includes the established Ranchman's restaurant (formerly the Ponder Steakhouse), a Texas institution with a rich history dating back to 1903. The sale includes the business name, intellectual property, all equipment, inventory, and historic photos and furnishings. Buyers can seamlessly continue the legacy of this renowned establishment, which has welcomed a remarkable roster of celebrity guests, including John Wayne, Warren Beatty, Faye Dunaway, Lillian Carter, Stevie Nicks, Cindy Crawford, Dennis Hopper, and Eric Clapton. The restaurant has been extensively renovated in 2022 to meet ADA compliance standards, featuring a new roof, complete plumbing upgrade, epoxy flooring, Hardie fiber cement siding, a loading dock, ductless HVAC, and a high-efficiency tankless water heater. The building has also undergone complete rewiring. This iconic restaurant has been featured in prominent media outlets, including The Big Texas Steakhouse Cookbook, the Food Network with Bobby Flay, and The Texas Bucket List (NBC). A wealth of information and visual documentation is available via YouTube, showcasing the restaurant's history and its appearance on Bobby Flay's show. Priced at $1,900,000, this is a rare chance to acquire a thriving business with a celebrated past and a bright future.