Turnkey Restaurant - Central Houston

Houston, TX
Harris County

Asking Price: Annual Revenue:
$200,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Turnkey Restaurant - Central Houston Broker: Ron Hankamer
Owner Financing is Available!

Quick Facts

Asking Price: $200,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $177,050
Real Estate: Not Disclosed
Year Established: 2018
Employees: 12
BBN Listing #: 805444107
Broker Reference #: 76931-979103

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Business Overview:

Asset sale. Currently operating with a busy weekend brunch and dinner service during the week. Restaurant is in pristine condition, upscale and modern design, and is only 2 years old. This is a turnkey opportunity to bring your own concept and save money on construction and equipment.

This restaurant has 3,000 square feet including an outdoor patio and is located in a busy area with excellent demographics, visibility, and traffic counts. Lease expires in August 2022 and there are 3 five-year option periods. The rent (including CAM) is currently $12,960 per month.

The listing price includes $177,050 in FF&E, $400,000 in leasehold improvements, and $10,000 in inventory. There are 12 employees including 1 manager on staff. The owner will provide 2 weeks of training to ensure a smooth transition.

The current owner is involved with multiple restaurants and doesn't have time to commit to this particular business.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Other business 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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