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Business For Sale

Cajun Seafood Restaurant Below Asset Value NW Hou.

Houston area, TX, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$100,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2004
19
94813260

Business for Sale Overview:

One of the most beautiful restaurants in the 1960 area is now available for purchase. This recently remodeled seafood and cajun food restaurant has been established since 2004, but was recently updated to include some of the nicest décor and equipment in the area. Positioned perfectly in a high traffic location this restaurant has potential to be the next big thing on 1960 with the right management. The framework is already in place for a million dollar restaurant. The current average lunch ticket is between $12-17, dinner tickets average between $28-32. There is a separate bar area that could be expanded to increase liquor sales. The owners have also chosen to make the restaurant non-smoking, but could be switched back to a smoking restaurant if the new owner chooses. There is an outside patio with furniture where patrons can eat at, and enjoy the surrounding garden. This is a great opportunity to own a beautiful restaurant below replacement cost. Price was recently reduced to less than 1/3 of initial investment. Please refer to CBB Listing #7074RDE

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

5,200SF freestanding facility

Market Competition and Expansion:

Increase advertising. Push bar sales. Restore smoking in bar area. Increase catering. Make a better patio.

Reason for Selling:

International relocation.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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