Business For Sale

Drive-In Restaurant in NE Houston Suburb with RE

Houston, TX
Harris County

Houston NE


Asking Price: Annual Revenue:
$125,000 $364,441

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Drive-In Restaurant in NE Houston Suburb with RE Broker: Anita Charpiot
Owner Financing is Available!
Seller financing available.

Quick Facts

Asking Price: $125,000
Annual Revenue: $364,441
Net Profit: Not Disclosed
Cash Flow: $54,423
Total Debt: Not Disclosed
FF&E: $105,000
Real Estate: Not Disclosed
Year Established: 1966
Employees: 6
BBN Listing #: 784813260
Broker Reference #: 8101AC

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Business Overview:

Classic drive-in restaurant in a northeast Houston suburb has been serving families for 52 years. Great online reviews, many from people who ate there as kids and now are bringing their own families. Legendary gyros and mouthwatering burgers among other tasty menu items. Currently business is open 6 days a week. Operated by the manager on behalf of the seller who owns and operates several other businesses in other locations. This restaurant is in a freestanding facility with a drive-through, new air conditioning and updated kitchen. Seating capacity is 40 plus. Located near a highway and a high traffic street. Large elementary school opening August 2018, directly across the street, brings a significant new revenue stream! The city updated the sewer system to accommodate the increased number of people in this location. Lot size is over 55,000 Square Feet (6 tracts) with ample room to build a shopping center or other structure. Seller owns the property and buyer can either lease or buy. Owner financing will be considered with qualified buyers. Please refer to CBB Listing #8101AC

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Property Features and Assets:

2,215 square feet freestanding facility on 55,710 square feet of land (6 lots).

Market Competition and Expansion:

Open Sundays. Advertise. Build shopping center on adjacent land.

Reason for Selling:

Bought biz for son who now own another business.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Documents:

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