Soul Food Restaurant

Houston, TX
Harris County

South Houston

Asking Price: Annual Revenue:
$1,800,000 $1,293,242

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Soul Food Restaurant Broker: Naijah Liles

Quick Facts

Asking Price: $1,800,000
Annual Revenue: $1,293,242
Net Profit: Not Disclosed
Cash Flow: $314,075
Total Debt: Not Disclosed
FF&E: $297,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 9
BBN Listing #: 230659958
Broker Reference #: 219-20605

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Business Overview:

This iconic and profitable Soul-Food Restaurant for Sale including catering is doing more than $1,000,000.00 in sales annually with owners discretionary income of more than $300,000.00. This turnkey operation is ready for hands on working owner to continue operations and grow the business. Top of the line equipment and fixtures await the new owner. There is a positive path of growth for this business. For additional information please contact listing agent Naijah Liles.

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Property Features and Assets:

This is a leased location of 4,550 square feet. Seller is active in the business with 5 Full Time employees and 4 Part Time employees. Hours of operation are 11 AM to 6 PM, Monday - Sunday. $20,000 in Inventory and $297,000 in FF&E included in Asking Price. $70,000 made in Leasehold Improvements. Safe-Serve License Required.

Reason for Selling:

Owner is ready to retire.

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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