Caribbean/Cajun/Creole Restaurant & Bar - Located in a strip shopping center near NRG Stadium and the medical center. Menu includes curry chicken, jerk chicken, curry goat, oxtail, brown stew, boudin balls, fish & shrimp, and other tasty items. The facilities has a large dining room and bar area that seats 90 customers, and they have a fully equipped kitchen. The business is opened for lunch which accounts for approximately 30% of the sales with dinner being 70% of sales. The dinning room and kitchen have recently been remodeled and new equipment installed. The business is for sale because the owners son has been managing the operations for the past two years and wants to change occupations. The Seller is willing to offer financing.
- Asking Price:
- $120,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $470,000
- Cash Flow:
- $70,000
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease expires 2/28/2025.
- Lease Rent:
- $78,924 per sq ft per annum
- Location:
-
Located in a strip center near NRG Stadium and the medical center.
- Premises Details:
-
Facilities include a full kitchen, bar, and dining room.
- Size in square feet:
- 1,968
Business Operation
- Reasons for selling:
-
Absentee owner and the Manager is leaving.
- Trading hours:
-
Monday to Thursday 11 AM to 11 PM, Friday & Saturday 11 AM to 2 AM, & Sunday 11 AM to 11 PM.
- Employees:
- 7
- Years established:
- 2021
Other Information
- Support & training:
-
As needed
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
$60,000 cash down and $60,000 Seller Financing 3 Years @ 6% = $1,835.32 P/M
- Furniture / Fixtures value:
- $750,000 - included in the asking price
- Inventory / Stock value:
- $5,000 - included in the asking price
