Hot Listing

Restaurant & Bar – Rapidly Growing - Successful – North Houston

Asking Price$595,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$2,175,000

Inventory$25,000
Not included in asking price
FF&E$335,000
Included in asking price
KitchenSave
Hot Listing

Restaurant & Bar – Rapidly Growing - Successful – North Houston


Asking Price$595,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$2,175,000

Inventory$25,000
Not included in asking price
FF&E$335,000
Included in asking price

Seller Financing Available
Business Description
Upscale restaurant and bar in an affluent area with a good mix of business and residential. The restaurant features American cuisine with a wide variety of items, plus a full service bar. A large Country Brunch served on weekends. The restaurant was designed by an experienced restaurant operator. More importantly, great efforts were invested in the menu, operations manual, procedures, supplier contacts and employee training. The restaurant has consistently received high reviews. The restaurant looks like a national chain restaurant and could serve as a prototype for a chain of restaurants. The large, fully equipped, state-of-the-art commercial kitchen can handle a variety of orders at the same time. See the link to the attached Executive Overview.
About the Business
Years in Operation
2
Employees
25
Facilities & Assets
Hours of Operation: Monday through Thursday: 10:00 am to 9:00 pm
Hours of Operation: Fri: 10 am to 10 pm, - Sat: 8:00 am to 10:00 pm - Sun: 8 am to 7 pm
Lease: 5 year lease with a 5 year option. Size: 5,840 sq. ft. Employees: 25
Market Outlook / Competition
The restaurant has an exclusive for this type of restaurant in the retail strip.
Opportunities for Growth
The area is experiencing dynamic retail and residential growth.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,840
Rent
$6,000.00 per month
Lease Expiration
1/1/2029
About the Sale
Seller Motivation
Seller owns several businesses and does not have the time to devote to this busi
Transition Support
Seller will provide an adequant amount of training. All employees are well trained and all want to stay.
Financing Options
Seller will finance a portion for a qualified buyer.
Listing Info
ID
2236211
Listing Views
5987
Attached DocumentsAttachment Disclaimer

8_Ex_Over.docx


Contact Seller

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Business Listed by: William Russell Capitol Business Consultants

Listing ID: 2236211 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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