established restaurant

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newly established restaurant
Asking Price:
$220,000

Gross Revenue:
$360,000
Cash Flow:
$96,000
EBITDA:
$8,000
Inventory:
$4,000
not included in asking price

FF&E:
$280,000
included in asking price

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Business Description

Attractive and strategic location for restaurant, located about 1 min away from I-45N, surrounded by lots of other chain stores and businesses, very busy and high traffic of Louetta Rd, worth to see it. Location, location, location. Newly established back 2017, spent almost $300k for setting up, with new grease trap, extremely clean and huge kitchen with all stainless equipment and appliances, Very relaxing and beautiful dinning environment, plenty of parking space for customers, very convenient and easy access to everywhere. you may establish the similar type of food business or you may just go for the location and the set up. accept all offers.

About the Business

Year Established:
2017
Number of Employees:
4
Home Based:
Yes
Real Estate:
Leased
Building Sq. Ft.:
2,500
Lease Amount/Mo.:
$3.28
Facilities:
all equipment and appliances are included with a remaining lease of 4 years and 5 years optional.
Market Outlook/
Competition:
very little competition if you were to conduct "Vietnamese Food", is a great location for any kind of franchise business, all the setting up requirements are ready and available to apply.
Growth & Expansion:
potential growth for business is great, and very attractive because of its location.
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About the Sale

Reason For Selling:
unable to cope with the long hours.
Training/Support:
if the new buyer is interested to operate the similar type of business, there will be ONE week of training for the operation and recipes, together with staffs.

Listing Info

Keywords:
restaurant.
ID:
1425505
Ad Detail Views:
0

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Business Listed by
CASEY TONG

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U.S. Census Data for Harris and Montgomery Counties, TX
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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