This is a beautiful full service restaurant & bar serving certified kosher steaks, sea food, and delicious sushi. They also do a lot of corporate catering. The restaurant seats 120 plus people. They have a fully equipped kitchen with walk-in coolers and freezers, a large main dining room, and a full service bar. Lunch represents approximately 20% of the business, dinner 60%, and catering 20%. They frequently offer live entertainment on weekends and special events. The owner will train a new owner as needed. There is a general manager and a head chef who are capable of running the operation along with the 16 other employees.
- Asking Price:
- $800,000 Inventory / Stock included
- Sales Revenue:
- $1,350,000
- Cash Flow:
- $240,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease expires on 9/23/23, plus 5 year option to renew.
- Leasehold Rent:
-
$70,000 per annum
- Location:
-
Near Southwest Houston area.
- Premises Details:
-
Located in a strip shopping center at busy interesection.
- Size in square feet:
- 3,500
Business Operation
- Reasons for selling:
-
Owner going into the farm & ranch business.
- Trading hours:
-
11 AM to 10 PM Sunday-Thursday and Saturday. Closed Friday.
- Employees:
- 16
- Years established:
- 2014
