Hot Listing

2965 Sqft Restaurant with Bar for sale

Asking Price$130,500

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$700,000

Inventory$5,000
Included in asking price
FF&E$300,000
Included in asking price
Ready to go Restaurant in Sugar LandSave
Hot Listing

2965 Sqft Restaurant with Bar for sale


Asking Price$130,500

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$700,000

Inventory$5,000
Included in asking price
FF&E$300,000
Included in asking price
Business Description
This restaurant includes the following: 1: Complete commercial kitchen with a hot line, cold-line, prep area, dishwasher, walk-in refrigerator, venthood, all cooking equipment, smallware, plates and utensils, and plumb-in to the Landlord's grease trap, 2: Fully furnished dining room with customer restrooms, HVAC, Lighting, POS, sound system, alarm system, TVs, bar stools, and tables & chairs 3: Fully functional bar with an 8 tap kegerator and undercounter reach-in refrigerator
About the Business
Years in Operation
5
Employees
7
Facilities & Assets
1. Interior (SF): 2965 Capacity: 141 People
2. Separate Meters for Electric & Gas. Water & Trash are paid by Landlord
3. HVAC system consists of 3 RTUs @ 5 tons each installed in late 2020.
4. Fully furnished dining room, customer restrooms, Lighting, POS, sound system, alarm system, TVs, bar stools, and tables & chairs
5. Vent Hood #1 (FT):14' Vent hood type I (Larkin)
6. Walk-In Cooler #1 (SF): Nor-Lake KLB74812-C Kold Locker 8' x 12' x 7' 4" (96 sq ft)
7. Grease Trap is communal to the shopping center
Plus much more
Market Outlook / Competition
The Riverstone neighborhood offers a diverse array dining choices with our venue being the only Mexican food cuisine offered until you get to Highway 6
Opportunities for Growth
This business is located in a highly affluent neighborhood, it is the draw of the bar and unique cuisine type which always ensures a steady flow customers into the store
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,965
Rent
$9,915.14 per month
Lease Expiration
9/30/2025
About the Sale
Seller Motivation
Absentee owner that is currently operating too restaurants and is too far way fr
Transition Support
30 days. This store is also as a franchise opportunity if buyers want to keep the existing concept in place and develop the business further
Financing Options
Lease has 3 5 years options for renewal with 1st term already set
Listing Info
ID
2366040
Listing Views
1625
Business Location

Contact Seller

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Business Listed by: Tamara Hamilton

Listing ID: 2366040 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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