Asset Sale - Fast Food Biz in Downtown Houston

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$95,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Asset Sale - Fast Food Biz in Downtown Houston Broker: Ron Hankamer
Owner Financing is Available!

Quick Facts

Asking Price: $95,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $127,000
Real Estate: Not Disclosed
Year Established: 2020
Employees: Not Disclosed
BBN Listing #: 618444107
Broker Reference #: 76931-149126

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Business Overview:

This fast-food taco shop opened in early 2020 and has been temporarily closed since the start of the pandemic. The owner owns another business and doesn't have the time to dedicate to reopening this restaurant.

The ideal buyer would be an owner-operator who wants to open a taco shop or other concept in an office building downtown. The hours are great since the food court area is only open during breakfast and lunch from Monday thru Friday and closed on evenings and weekends.

The business occupies 1,278 square feet and the monthly leasehold costs are only $3,725 including CAM. The lease expires in July 2024 and has a five-year option. The business includes the complete equipment package which is worth $127,000 and leasehold improvements of $150,000. All a buyer would need to do is buy food and supplies and hire a couple of employees and you could open very quickly.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

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.

Relevant Links:

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