HOUSTON, Texas
| Asking Price |
$359,000 |
Year Established |
2000 |
|
| Annual Revenue |
$611,000 |
Reason for Selling |
Retiring |
|
| Annual P/L |
$105,000 |
Attention |
Jake Reyenga |
|
| Annual Cash Flow |
$105,000 |
Listing Number |
979446 |
|
| # of Employees |
7 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Established Restaurant in Prime, Fast-Growing Area Inside the Loop** Take over a beloved, 24-year-old restaurant located in a vibrant, booming neighborhood. Kojak's has built a loyal following, hosting weekly live music that adds to its lively, community-driven atmosphere. This turn-key business is primed for growth, with opportunities to expand evening hours, add weekend service, and upgrade to a full bar. The restaurant recently renewed a two-year beer and wine license, valid through 2027. Additionally, a Restaurant Depot wholesale location is just two minutes away, offering significant cost savings of 20-30% on most items compared to major distributors like Sysco and Ben E. Keith. Shopping at Restaurant Depot also allows the use of credit cards, and this year alone, we earned $5,000 in cashback. With minimal upfront cash required and the option to assume an affordable SBA note, this is a rare opportunity to own a thriving restaurant in one of the city's most dynamic areas. Act now—this won’t last long! ---
Property Features and Assets:
<p>This is a turnkey business. This restaurant has been diligently maintained for the entirety of it's 24 year history by the owner. The kitchen equipment is fully functional, there is a brand new walk-in cooler, the furniture is solid. The bar is a recent addition and the live music stage is the newest addition and is now large enough to accommodate a 4 person set.<br></p>
Market Competition and Expansion:
<p>This restaurant is in one of the fastest growing areas in Houston. The creativity of the various, functioning facets of this establishment maximizes the growth potential. This restaurant is uniquely located inside the 610 loop on the edge of the Heights in close proximity to the Galleria.<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity