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South Indian Restaurant In Business District Of Houston For Sale

Houston, Texas, US
Asking Price:
$109,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$751,537
Cash Flow:
$109,272

The business is currently a South Indian restaurant. Prior to this, it was a Japanese restaurant for over 10 years. Sellers feel the buyer could easily converted it to any type of restaurant, in particular, it is set up great for a buffet style restaurant and is totally turn key, ready for a new buyer to convert it to any type of restaurant. The seller states that the experienced and dedicated staff will all be willing to stay on with the new owner of this business. For a quick response to your inquiry, please email listing agent Trent Lee

Property Information

Real Estate:

Lease

Premises Details:

This is a leased location of 4800 square feet with a Total Rent of $8160 + CAM $2160. Lease ends 10/2022 with a one 5 year lease options. Seller is active in the business with 1 FT employees, 1 PT employees and 3 Independent Contractors. Hours of operation are 11 AM to 2:30 PM and 5:30 PM to 10 PM, Mon-Sun. $15,000 in Inventory and $250,000 in FF&E included in Asking Price.

Size in square feet:
4,800

Business Operation

Reasons for selling:

Seller is moving out of the country

Trading hours:

11 AM to 2:30 PM and 5:30 PM to 10 PM, Mon-Sun.

Employees:
5
Years established:
2019

Other Information

Support & training:

14 Calendar Days

Furniture / Fixtures value:
$250,000 - included in the asking price
Inventory / Stock value:
$15,000 - included in the asking price

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