Popular Upscale Thai and Sushi Restaurant

Houston, TX
Harris County


Asking Price: Annual Revenue:
$140,000 $321,794

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Popular Upscale Thai and Sushi Restaurant Broker: Steve Merritt
Owner Financing is Available!
$110,000.00

Quick Facts

Asking Price: $140,000
Annual Revenue: $321,794
Net Profit: Not Disclosed
Cash Flow: $93,594
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2018
Employees: 3
BBN Listing #: 221444107
Broker Reference #: 76931-218915

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Business Overview:

This upscale Thai and Sushi restaurant won’t last long. Nestled in a highly sought-after shopping area, this local favorite provides a quaint, small-town feel in a densely populated area. Weekends are often bustling with hundreds of people as they walk about the area and shop the local markets that are within the perfect walking distance. What makes this the perfect location is the limited dining options in the area. It is the only local Thai and Sushi place within a large radius. This unique spot boasts a comfortable seating area that will accommodate 48 inside and 16 outside.

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Property Features and Assets:

The owner purchased this location at the end of 2018, adding a unique Asian flare to the surroundings and re-developed the menu that has made it the talk of the town. Unfortunately, after a tremendous amount of work, the owner is now faced with selling as a result of a split with her partner. Her loss will be your gain!

Market Competition and Expansion:

No upscale competition. Only fast casual and no Thai or Sushi in reasonable driving distance so this is the only game in town. Potential Growth: Owner currently does very little marketing. Lots of opportunity here and could increase delivery by 10 to 15%.

Reason for Selling:

Divorce

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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