Halal BBQ & Casual Restaurant

Not Disclosed, TX
Harris County

Asking Price: Annual Revenue:
$265,000 $480,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Halal BBQ & Casual Restaurant Broker: Syed Ali
Owner Financing is Available!

Quick Facts

Asking Price: $265,000
Annual Revenue: $480,000
Net Profit: Not Disclosed
Cash Flow: $96,000
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 4
BBN Listing #: 58844107
Broker Reference #: 76931-608023

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Business Overview:

This is a well-established business since 1995. This restaurant is located in a very busy shopping center and has very delicious food with fresh Naan and Kabab. Business is owner-operated as a manager, experienced chef, and staff in place including one fulltime manager. Located on a major highway, in a major plaza featuring a large anchor store. Attractive rent, loyal repeat clientele. Excellent potential for adding catering services. Stable earnings year after year. Seller is prepared to provide up to $50,000 seller financing to a qualified buyer. Over $100,000 in leasehold improvements and $75,000 in FFE included in the sale. The owner wishes to retire. Motivated seller.

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Property Features and Assets:

Shalamar Restaurant has been in business for over 25 years serving this community in Clear Lake and Webster area. They have good food and environment.

Market Competition and Expansion:

There are quite a few restaurants in five miles area but this restaurant has a flavor of Pakistani and Indian food also have grilled items available. Potential Growth: There is a room to grow business current owner does not offer any catering which can be added easily and grow the revenue and profits.

Reason for Selling:

Other interests.

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.

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