Drive-In Restaurant NE Houston Suburb w/RE

Houston, TX
Harris County

Houston NE


Asking Price: Annual Revenue:
$25,000 $364,441

Food & Beverage: Restaurants, Fast Food, Deli


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

Quick Facts

Asking Price: $25,000
Annual Revenue: $364,441
Net Profit: Not Disclosed
Cash Flow: $54,423
Total Debt: Not Disclosed
FF&E: $105,000
Real Estate: $305,000
Year Established: 1966
Employees: 6
BBN Listing #: 784813260
Broker Reference #: 8101

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Business Overview:

Classic drive-in restaurant in northeast Houston, inside the beltway, sits on 6 tracts of land directly across from a new Elementary school that opened in August. Unlimited possibilities exist with this 55,000 SF parcel. Perfect site for building anything from a strip mall to a day care center in an area that is rapidly being renovated. This legendary restaurant is in a freestanding facility (2,215 SF) with a drive-through, walk up window, and inside seating for over 40 customers, with new air conditioning and updated kitchen. It is currently being operated by the manager on behalf of the seller who owns several other businesses in other locations. The restaurant business is just above break-even and profitability can be quickly increased with a new owner present. The city updated the sewer system which can accommodate an increased number of people in this location. CHECK OUT THIS GREAT DEAL TODAY! Please refer to CBB Listing #8101

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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.

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