Freestanding Building Family Diner With Owner Finance For Sale

Business description

This quaint little cafe is in an excellent location, across the street from the local Kroger store and in one of the very few available stand alone buildings on the west side of Houston. Almost 50,000 cars drive by this restaurant daily and there is a stop light leaving the shopping center parking lot. Christmas parade runs right in front of store each year bringing a lot of customers in for the holiday season. New roof and patio added in 2009 that currently seats 16, but room for 8 more. Inside seating for 28 currently but could also add 4-5 more tables. The buildout and equipment would cost $250K-$300K to start something like this up. Keep the same cafe concept or change to any concept of your choice. Possible to add drive through window if desired to substantially increase revenues. Owner has negotiated a lower rent of $3665/month through November, 2010. Owner financing available to qualified buyer. Owner will stay to help with transition if needed.

Seller's Discretionary Earnings: $76,925 Actual

Property information

Real Estate:

Lease

Location:

Freestanding facility

Premises details:

1,750SF freestanding facility w/seating for 28 + patio w/seating for 16+

Other information

Expansion potential:

Advertise.
Add drive-thru window

Support & training:

Seller will train.

Reasons for selling:

Owner has Corp Job, owns a 2nd business, needs personal time.

Trading hours:

7 days, Monday - Friday 6AM-6PM; Saturday & Sunday 7AM - 6PM

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller financing available

Furniture / Fixtures value:

$40,000 (included in the asking price)

Inventory / Stock value:

$2,000 (included in the asking price)

Related documents:

• 
• Business Profile