Business For Sale

Award-Winning Restaurant in Upper Kirby

Houston, TX
Harris County

Houston Inside Loop


Asking Price: Annual Revenue:
$375,000 $793,816

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Award-Winning Restaurant in Upper Kirby Broker: Ryan Degennaro

Quick Facts

Asking Price: $375,000
Annual Revenue: $793,816
Net Profit: Not Disclosed
Cash Flow: $171,146
Total Debt: Not Disclosed
FF&E: $299,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 11
BBN Listing #: 947613260
Broker Reference #: 8094RDE

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Business Overview:

This elegant restaurant is one of Houston's hidden gems! Its location in upscale Upper Kirby by major freeways, yet tucked away in a residential neighborhood, is perfect to attract high-earning big spenders. They serve very unique Asian fusion cuisine that attracts big parties yet provides an extremely intimate setting - this restaurant is well known as one of Houston's best date-night locations. It also features a 1,000 square foot front patio. With nearly 700 yelp ratings and an average 4 out of 5 stars review, there is no doubt this is a proven concept that is poised to expand. The current revenue is generated from only an average of 5 hours per night, adding lunch and brunch services could greatly increase profits. Many of the current customers have requested later hours on the bar and the addition of a lounge space because so many of the current clientele are either on dates or having a party. There is a full kitchen setup with grease trap, so almost any kind of new cuisine can be added to the menu without making changes in the back of house. This is truly a once in a lifetime opportunity to own a very successful and well-known restaurant. Act fast before it's gone! Please refer to CBB Listing #8094RDE

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Property Features and Assets:

2,430 square feet facility in freestanding building + 1,080 square feet patio.

Market Competition and Expansion:

Add Brunch & lunch service; add lounge/bar area. Space is available next door to increase footprint if desired.

Reason for Selling:

Partners want to focus on another business.

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.

Documents:

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