0 Houston Restaurant And Lounge For Sale -Owner Benefit Of Over $350KHouston, TX 77063

For Sale
$1,100,000

Thriving business, high owner benefit.

Overview

Added:
Dec 11, 2024
Days on market:
93
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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0 Houston Restaurant And Lounge For Sale -Owner Benefit Of Over $350K
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