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Business For Sale
UPSCALE ITALIAN RESTAURANT INSIDE LOOP
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Asking Price: |
$390,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Restaurants, Fast Food, Deli
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Reason for Selling:
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Retirement |
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Year Established:
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1995 |
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# of Employees:
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15 |
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Yearly Cash Flow:
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$200,562 |
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Yearly Gross Income:
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$946,000 |
Business for Sale Overview:
Great Food! Great Service! Great Location! Great Opportunity! Inside the Loop and unmatched in the market area as a first rate Italian restaurant serving beer, wine and a quality menu with a Mediterranean influence. At this location for more than ten(10) years, the owner wants to retire. Situated in a more upscale area of Houston and open for Lunch and Dinner every day of the week, this location is popular with both the local business community and local residents. Words often heard to describe the place are Friendly and Welcoming and The Best. It distinquishes itself very effectively and reviews reflect the fact. Owner will spend time with Buyer to train in the way the business is successfully operated. Pls. refer to CBB Listing #6675DA.
Property Features and Assets:
4,500 SF freestanding facility.
Market Competition and Expansion:
Add brunch. Add Happy Hour. Add targeted merchandising.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for 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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