Seller's Contact Information
- RE: Turn-Key Restaurant In Pearland-Price Drop
- Contact: Quoc Pham
Quick Facts
| Asking Price: | $99,900 | |
| Annual Revenue: | $439,353 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $6,007 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 75,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2011 | |
| Employees: | 7 | |
| BBN Listing #: | 578744107 | |
| Broker Reference #: | 76931-610763 |
Business Overview:
This is a perfect opportunity for a new or experienced food operator to acquire a turn-key restaurant. The restaurant is fully built out with everything you will need to step in and continue operating from day one! Equipment is in excellent condition and space is still in great condition with the whole store being built brand new in 2011. The current owners built this as a trendy restaurant concept with a fast-casual counter service.
The location of this space is a highly sought-after area located in Pearland. The shopping center where this space is located is new and the location has great visibility from the main street. There are lots of schools nearby and a tremendous amount of development happening right now. A brand new apartment finished building nearby and they are at 95% occupancy as of July 2021. A car wash business right next to this shopping center is very busy and it brings about 500 cars per day on the weekends. Chick-Fil-A just broke ground and so did a medical professional building nearby. On top of this, the housing market is booming in the area.
At this time, the restaurant in this space is still open and operating and for an owner-operator, this restaurant can be profitable right away. This is a nice, clean turn-key restaurant with modern décor! A new owner can come in and run the business the way it is or someone can come in and bring a totally new menu and concept.
The current menu offers a variety of items where customers can dine-in, carry out or have their food delivered.
If you’re an experienced restaurant owner or even someone brand new into the industry, this is a great opportunity for you to have a footprint in the fast-growing city of Pearland.
Potential discounted rent for a qualified buyer!
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Reason for Selling:
Retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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