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- RE: Houston Area Restaurant For Sale With Over $1 Million In Sales!
- Contact: Tamara Hamilton
Quick Facts
Asking Price: | $250,000 | |
Annual Revenue: | $1,008,808 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $113,272 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1989 | |
Employees: | 12 | |
BBN Listing #: | 983016 | |
Broker Reference #: | 18901 |
Business Overview:
This Texas Restaurant for Sale has a long-standing record of providing traditional Chinese food and excellent service to its patrons for over 25 years. The location is conveniently situated in a high traffic area surrounded by homes and other small businesses.With over $100,000 in annual owner benefit and priced at just $250,000, this Chinese Restaurant for Sale will NOT be on the market long. Once you have acknowledged confidentiality on this list, there is a 360° video tour available for you.
The lobby and dining area of this Chinese Restaurant for Sale are both beautifully decorated in traditional Chinese decor with wood carved archways and there is a separate bar area to enjoy a cocktail before or after your meal. The dining area comfortably seats 75, while the bar area boasts additional seating both at the bar and additional tables. Contact We Sell Restaurants today to schedule your showing!
The kitchen offers multiple prep areas, walk in cooler, walk in freezer, dish area, wok stations, deep fryers, sandwich prep tables, a large storage room, and an additional room for the rice cookers. There are two back-of-the-house host areas offering beverage and flatware stations, and a beautiful host stand in the front of the restaurant. The wood carvings in the ceiling, the dark carpet and embroidered chairs are all reminders of the authenticity of the beautiful Restaurant for Sale.
We Sell Restaurants will be working directly with the landlord to secure a new long-term lease for the buyer of this Restaurant for Sale, ensuring that you will have many more years of providing food to your community after you take over this wonderful establishment. A credit score of above 680 will be required in order to be considered by the landlords.
This Restaurant for Sale will qualify for lending with 20% down. Your Broker with We Sell Restaurants can provide several lending contacts to assist you on the journey of restaurant ownership. Acknowledge confidentiality on this listing and let's get a showing scheduled for you!
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Property Features and Assets:
TablesChairs
Multiple traditional chinese wall decor
Assorted flatware
Assorted Barware
Two Wine coolers
Soda fountain with ice storage
Tea urn
Flatware caddies
Bus station
Toast POS
Rice cookers
Two Chest freezers
Coffee Urn
Multiple tier wire shelving racks
Utility Carts
Three compartment sink with drying rack
Ice machine
Stainless prep tables
Can opener
Upright freezer
Walk in cooler
Sheet pans and rolling rack
Stainless prep area with over the top shelving
Warming cabinet
Low boy two door cooler
Two deep fryers
Microwave
4 burner stove with oven
Two sandwich prep tables
Large wok cooking station with pot filler
3 small wok cooking stations with pot fillers
Steam table with top shelving
Assorted dishes
Assorted cooking utensils
Assorted cookware
Assorted prep containers
Wine racks
Two tap keg cooler
Bar well
Bar sink
Host stand
Market Competition and Expansion:
This is a local favorite that has been here for over 26 years. The area is saturated with homes and businesses and the restaurant is located in a great space at a busy intersection.Reason for Selling:
HealthAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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