Business For Sale

New Restaurant Space Available in Jersey Village

Houston, TX
Harris County


Asking Price: Annual Revenue:
$150,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: New Restaurant Space Available in Jersey Village Broker: Ryan DeGenarro

Quick Facts

Asking Price: $150,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $582,261
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 853713260
Broker Reference #: 8044RDE

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Business Overview:

Great opportunity for an experienced operator or franchise concept to take over and renovate a highway frontage restaurant space with some pre-negotiated tenant improvement money from the landlord. The current 10,800 sq ft space will be reduced to roughly 7,000 sq ft to provide space for other tenants and also to reduce this space to a more reasonable size for a restaurant operator. The landlord has already agreed to contribute up to $130k for the buildout of the new space. The current operation has all of the equipment needed to open most restaurant concepts including 43 TV’s, billiards, Golden Tee machines, sound system, POS system, security system, fire system with sprinklers, lighting, furniture and a full kitchen currently turning out great food. There are also 12 five ton A/C units in good working order. Offering price is well below asset value. New owner will need to bring their own concept to put in the space, or a franchise concept with a proven track record. The landlord is requiring a more food based concept (than beer/liquor) if it is not a franchise concept - lease guarantor must have retail food & beverage experience to be approved. Contact us for more details! Please refer to CBB Listing #8044RDE

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Property Features and Assets:

7,005 square feet facility in shopping center.

Market Competition and Expansion:

New concept needed for space

Reason for Selling:

Owner is moving.

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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