Houston Area Restaurant for Sale with over $1 Million in Sales!

Asking Price$250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,008,808

InventoryNot Disclosed

FF&ENot Disclosed

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Houston Area Restaurant for Sale with over $1 Million in Sales!


Asking Price$250,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,008,808

InventoryNot Disclosed

FF&ENot Disclosed


Seller Financing Available
Business Description
This Texas Restaurant for Sale has a long standing record of providing traditional Chinese food and excellent service to its patrons for over 25 years. The location is conveniently situated in a high traffic area surrounded by homes and other small businesses.

With over $100,000 in annual owner benefit and priced at just $250,000, this Chinese Restaurant for Sale will NOT be on the market long. Once you have acknowledged confidentiality on this list, there is a 360° video tour available for you.

The lobby and dining area of this Chinese Restaurant for Sale are both beautifully decorated in traditional Chinese decor with wood carved archways and there is a separate bar area to enjoy a cocktail before or after your meal. The dining area comfortably seats 75, while the bar area boasts additional seating both at the bar and additional tables. Contact We Sell Restaurants today to schedule your showing!

The kitchen offers multiple prep areas, walk in cooler, walk in freezer, dish area, wok stations, deep fryers, sandwich prep tables, a large storage room, and an additional room for the rice cookers. There are two back of the house host areas offering beverage and flatware stations, and a beautiful host stand in the front of the restaurant. The wood carvings in the ceiling, the dark carpet and embroidered chairs are all reminders of the authenticity of the beautiful Restaurant for Sale.

The current owner in on a month to month lease. We Sell Restaurants will be working directly with the landlord to secure a new long term lease for the buyer of this Restaurant for Sale, ensuring that you will have many more years of providing food to your community after you take over this wonderful establishment. A credit score of above 680 will be required in order to be considered by the landlords.

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About the Business
Years in Operation
37
Employees
12 (6 Full-time, 6 Part-time)
Facilities & Assets
Tables, Chairs, Multiple traditional chinese wall decor, Assorted flatware, Assorted Barware, Two Wine coolers, Soda fountain with ice storage, Tea urn, Flatware caddies, Bus station, Toast POS, Rice cookers, Two Chest freezers, Coffee Urn, Multiple tier wire shelving racks, Utility Carts, Three compartment sink with drying rack, Ice machine, Stainless prep tables, Can opener, Upright freezer, Walk in cooler, Sheet pans and rolling rack, Stainless prep area with over the top shelving, Warming cabinet, Low boy two door cooler, Two deep fryers, Microwav...
Website
https://www.wesellrestaurants.com
Market Outlook / Competition
This is a local favorite that has been here for over 26 years. The area is saturated with homes and businesses and the restaurant is located in a great space at a busy intersection.
Opportunities for Growth
There is a huge opportunity for adding full catering to the business to increase revenue.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
3,500
Rent
$7,675.00 per month
Lease Expiration
12/31/2030
About the Sale
Seller Motivation
Health
Transition Support
Yes
Listing Info
ID
2456965
Listing Views
208

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Business Listed by: Tamara Hamilton We Sell Restaurants

Listing ID: 2456965 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.