South Indian Restaurant in Business District

Houston, TX
Harris County

Asking Price: Annual Revenue:
$109,000 $751,537

Food & Beverage: Restaurants, Fast Food, Deli

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RE: South Indian Restaurant in Business District Broker: Trent Lee
License #: S.0183611.LLC

Quick Facts

Asking Price: $109,000
Annual Revenue: $751,537
Net Profit: $109,272
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 2019
Employees: 5
BBN Listing #: 94765142
Broker Reference #: 101-20528

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Business Overview:

The business is currently a South Indian restaurant. Prior to this, it was a Japanese restaurant for over 10 years. Sellers feel the buyer could easily converted it to any type of restaurant, in particular, it is set up great for a buffet style restaurant and is totally turn key, ready for a new buyer to convert it to any type of restaurant. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. For a quick response to your inquiry, please email listing agent Trent Lee (RE# S.0183611.LLC; Business Broker Permit# BUSB.0006978).

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Property Features and Assets:

This is a leased location of 4,800 square feet with a Total Rent of $8,160 + CAM $2,160. Lease ends 10/2022 with a one 5 year lease options. Seller is active in the business with 1 Full Time employees, 1 Part Time employees and 3 Independent Contractors. Hours of operation are 11 AM to 2:30 PM and 5:30 PM to 10 PM, Monday - Sunday. $15,000 in Inventory and $250,000 in FF&E included in Asking Price.

Reason for Selling:

Seller is moving out of the country.

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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