8 Office/Retail Suites and a Restaurant Space on 19,320 SF
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Income producing office/retail suites with a profitable restaurant.
Texas Restaurant Advisors requires a non-disclosure agreement and buyer qualification profile before any confidential information is shared.
The real estate is two structures with a combined 9,542 square feet under roof including a two-story multi-tenant building and a free-standing building that houses the restaurant. There are 8 income producing suites that gross $7,200 a month currently (there are 3 vacancies at the moment). Restaurant gross sales are over $1,400,000 with sellers’ discretionary earnings north of $260,000.
SBA terms are favorable for packages that include real estate, can be as low as 10% down and 25 years. This also could be an opportunity for a conventional loan with favorable rates and cash payment for the business.
The real estate is two structures with a combined 9,542 square feet under roof including a two-story multi-tenant building and a free-standing building that houses the restaurant. There are 8 income producing suites that gross $7,200 a month currently (there are 3 vacancies at the moment). Restaurant gross sales are over $1,400,000 with sellers’ discretionary earnings north of $260,000.
SBA terms are favorable for packages that include real estate, can be as low as 10% down and 25 years. This also could be an opportunity for a conventional loan with favorable rates and cash payment for the business.
About the Business
- Years in Operation
- 33
- Facilities & Assets
- The real estate is two structures on primary site of 19,320 square feet. As mentioned, there is 9,542 under roof with 8 suites that are used for office and retail space. In addition, there is a 21,000 square foot lot next to the primary site that can also be purchased for an additional fee.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 9,542
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller will ensure a smooth transition.
Listing Info
- ID
- 2391311
- Listing Views
- 1426
Listing ID: 2391311 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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