Semi-Absentee Restaurant Great Location

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$199,000 $355,740

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Semi-Absentee Restaurant Great Location Broker: Wayne Blease
Owner Financing is Available!

Quick Facts

Asking Price: $199,000
Annual Revenue: $355,740
Net Profit: Not Disclosed
Cash Flow: $86,332
Total Debt: Not Disclosed
FF&E: $76,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 6
BBN Listing #: 137344107
Broker Reference #: 76931-748490

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Business Overview:

Beautiful Italian Cafe in the desirable southeast Houston area. Business is located in an upscale area, in a shopping center anchored by a major grocery store chain. Restaurant has been established in the same location for over 17 years and the current owner has operated the business for the last 6. Seating inside for 45 and on the patio outside for 20. Ample parking with space next door to expand. Well-trained, experienced employees. Great menu includes delicious signature sandwiches, homemade burgers, Italian & French entrees, and tasty desserts. Serving beer and wine with great online reviews. Strong regular customers. Perfect opportunity for a new owner that will devote full time to grow the business and take it to its full potential.
This business was established more than 15 years ago and Seller has been operating for six years. They are well known for their home made rolls and fresh made from scratch menu. Very strong regular customers frequenting 1-3 times per week. Located in a shopping center with a strong anchor and ample parking. Lots of new customers visit on a daily basis. The current owner has been semi absentee and works full time in his investment business. They are considering starting a family and would like to relocate. Mostly word of mouth advertising which is a huge opportunity to implement a marketing program for quick growth.
Full service restaurant serving made from scratch deli sandwiches as well as French and Italian entrees, and home made deserts. They currently serve beer and wine only, which presents the opportunity for the new owner to add a full liquor license.

This business has seen consistent volume with mostly word of mouth marketing and a semi-absentee owner. Huge potential for a dedicated owner to initiate online marketing and local marketing and enhance engagement on the website. Busy shopping center with strong anchor, doctors offices, day care etc.. Because the current owner is semi-absentee he is not taking advantage of potential catering revenue. Opportunity to add full liquor license and expand the space to accommodate larger groups.

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Reason for Selling:

Personal

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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