Business For Sale

Fine Dining Italian Gem For Sale in NW Houston

Houston, TX
Harris County


Asking Price: Annual Revenue:
$380,000 $987,030

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Fine Dining Italian Gem For Sale in NW Houston Broker: Marcia Bowron
Owner Financing is Available!
Seller financing available

Quick Facts

Asking Price: $380,000
Annual Revenue: $987,030
Net Profit: Not Disclosed
Cash Flow: $218,742
Total Debt: Not Disclosed
FF&E: $238,436
Real Estate: Not Disclosed
Year Established: 2005
Employees: 11
BBN Listing #: 88413260
Broker Reference #: 8034MB

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Business Overview:

This very successful, fine dining Italian restaurant serving an upscale area of CyFair and NW Houstonenjoys a steady and growing base of loyal customers. It seats 90 patrons in the dining room and 10 on the outdoor patio. Carrying a full liquor (mixed beverage) license, they provide the complete dining experience with not only great food and wine, but also with flair and soul. Showing steady growth with revenuesand profits increasing year after year,this restaurant presents a very profitable franchising opportunity to expand into upscale suburban communities (the owner’s plan now abandoned due to retirement).Additional sales improvement include the offering of Sunday brunch and catering services. The restaurant has been listed among the 100 Top Restaurants of Houston for several years in a row and has been extensively reviewed and featured in the Houston Chronicle, Houston Press and several other print and electronic magazines. Carrying an award winning wine list (Wine Spectator 2012) results in liquor bringing in 34% and food 66% of the revenues. 60% of the revenues come from referral and repeat business providing a solid and recurrent clientele base. $30,000 in improvements, including new A/C’s, were completed in 2016.A proven and well established operation allows for a very flexible schedule (partially hands-off) for the owner. A robust list of over 5000 customers is regularly used to promote specials and events. Owner will provide recipe book along with full operating training (including marketing management, purchasing and ordering, cost controls, inventory management, cash flow management, etc.) Financing is available to a qualified buyer (terms and conditions will be determined based on financial and risk factors of buyer). Please refer tp CBB Listing #8034MB

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Property Features and Assets:

2,880 Square feet facility in shopping center.

Market Competition and Expansion:

Focus and advertise lunch service and catering. Open for Sunday Brunch.

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.

Documents:

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