Business For Sale

Beautiful Thai Restaurant at Bargain Price

Houston, TX
Harris County


Asking Price: Annual Revenue:
$100,000 $380,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Beautiful Thai Restaurant at Bargain Price Broker: Bobbi Coffey

Quick Facts

Asking Price: $100,000
Annual Revenue: $380,000
Net Profit: Not Disclosed
Cash Flow: $96,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2006
Employees: 9
BBN Listing #: 686544107
Broker Reference #: 76931-708063

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Business Overview:

Ethnic restaurant has been in business for 12 years. Previous owner still supports partnership with current owner. Beautiful interior, excellent location in very busy growing residential area. Seller needs to relocate overseas immediately so has priced restaurant to sell quickly.

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Property Features and Assets:

Upscale shopping plaza fully occupied; clustered among other shopping plazas. Great surrounding business; located on end of one of clustered buildings in a large facility. Excellent anchor tenants. Established in 2006; Previous owner sold after 8 years to a then employee. Last owner sold one year ago to current owner, who is a friend. All three have good relationship in running the business, but new owner is sole with primary responsibility. Has to move overseas, so looking to sell very quickly. Beer/wine and permits just recently renewed.

Market Competition and Expansion:

Needs an established chef. They do NO advertising, which would substantially help grow the business.

Reason for Selling:

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.

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