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Business For Sale

Motivated Seller asking $60K OBO for Family Diner

Houston Area, TX, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$60,000
$195,787
$76,925
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2006
3
94213260

Business for Sale Overview:

This quaint little cafe is in an excellent location, across the street from the local Kroger store and in one of the very few available stand alone buildings on the west side of Houston. Almost 50,000 cars drive by this restaurant daily and there is a stop light leaving the shopping center parking lot. Christmas parade runs right in front of store each year bringing a lot of customers in for the holiday season. New roof and patio added in 2009 that currently seats 16, but room for 8 more. Inside seating for 28 currently but could also add 4-5 more tables. The build-out and equipment would cost $250,000-$300,000 to start something like this up. Keep the same cafe concept or change to any concept of your choice. Possible to add drive through window if desired to substantially increase revenues. Owner has negotiated a lower rent of $3,665 per month through November, 2010. Owner will stay to help with transition if needed. Motivated seller asking $60K or best offer.

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:

1,750 Square Feet freestanding facility.

Market Competition and Expansion:

Advertise. Add drive-through window.

Reason for Selling:

Owner has Corp Job, owns 2nd bus

Additional Details:

  • The property is leased.
  • The owner is 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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