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This 5,000-square-foot Houston restaurant and lounge, built in 2019, is a turnkey operation available for $1,100,000. The lease expires April 29, 2026, with a monthly rate of $15,562. The business boasts a fully equipped kitchen including a three-compartment sink, dish machine, salamander, six-burner stove and oven combo, two-burner stove, flat top grill, warming drawers, three fryers, convection oven, sandwich prep table, walk-in cooler, walk-in freezer, wire shelving, and a tankless water heater. The current owner reports a gross revenue of $1,902,052 and a cash flow of $263,687, exceeding $300,000 in owner benefit. The business currently operates evenings only, presenting an opportunity to expand hours and increase revenue. The menu can also be expanded to further boost sales. Thirteen employees are currently on staff. A full liquor license is included in the sale. The seller is motivated due to pursuing a new career. This is a highly profitable business in a prime location with significant growth potential. Financing may be available.
Highlights
Restaurant for sale; asset sale.
Address confidential.
Not a franchise.
Gross revenue: $1,902,052; cash flow: $263,687.
Leased real estate.
Restaurant features extensive kitchen equipment including three-compartment sink, dish machine, salamander, six-burner stove/oven, two-burner stove, flat-top grill, warming drawers, three fryers, convection oven, sandwich prep table, walk-in cooler, walk-in freezer, and wire shelving; tankless water heater.
Property Details
for 0 Houston Restaurant And Lounge For Sale -Owner Benefit Of Over $350K
Property type
Other retail properties, Restaurants
Square Feet
5,000 SF
Year Built
2019
Location Insight
City
Houston
County
Harris
State
Texas
Latitude
29.7375438
Longitude
-95.5249863
Houston Restaurant And Lounge For Sale -Owner Benefit Of Over $350K, Houston, Texas
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For Sale
$124,000
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Houston Restaurant And Lounge For Sale -Owner Benefit Of Over $350K, Houston, Texas, 77063
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
0 Houston Restaurant And Lounge For Sale -Owner Benefit Of Over $350K