NOT DISCLOSED, Texas
| Asking Price |
$255,000 |
Year Established |
2012 |
|
| Annual Revenue |
$1,304,606 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Ron Hankamer |
|
| Annual Cash Flow |
$79,513 |
Listing Number |
995005 |
|
| # of Employees |
14 |
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
This established European bistro combines a high-end buildout with consistent $1.3M annual revenue, making it an ideal acquisition for an experienced operator or first-time restaurateur.
Built out by the current owners as a first generation restaurant space, the facility was designed and equipped from the ground up with a high quality kitchen, venting, and finish out that have been meticulously maintained. With a loyal customer base and strong lunch and dinner traffic five days a week, the business offers an inviting, cozy ambiance paired with elegant design, perfect for casual dining or a night out. Alternatively, this is also a great opportunity if you're looking for a restaurant space that is pristine and move-in ready for your own concept.
Sales last year were $1.3 Million with $79,513 in discretionary earnings.
The 2,806 sq ft space sits in a high-visibility, high-traffic location with strong area demographics just minutes from The Galleria. The current lease has excellent terms and runs through October 2027 and includes one five-year renewal option. Monthly rent (including CAM) is $12,166.
The sale includes $150,000 in furniture, fixtures, and equipment (FF&E) and $250,000 in leasehold improvements—providing excellent value and turnkey readiness. A dedicated team of 14 employees, including a manager, is in place to support new ownership. The seller is also offering two weeks of training to ensure a smooth transition.
This is a rare opportunity to acquire a fully operational, beautifully designed restaurant with strong community roots. The owner is retiring and planning to relocate overseas, creating an ideal chance for a new operator to step in and continue the restaurant’s success.
Property Features and Assets:
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Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity