Cajun Seafood Restaurant At Asset Value
Location:
United States
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Texas
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Houston
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Houston
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)
Business Summary
One of the most beautiful restaurants in the 1960 area is now available for purchase. This recently remodeled seafood and cajun food restaurant for sale has been established since 2004, but was recently updated to include some of the nicest decor and equipment in the area. Positioned perfectly in a high traffic location this restaurant has potential to be the next big thing on 1960 with the right management. The framework is already in place for a million dollar restaurant. The current average lunch ticket is between $12-17, dinner tickets average between $28-32. There is a separate bar area that could be expanded to increase liquor sales. The owners have also chosen to make the restaurant non-smoking, but could be switched back to a smoking restaurant if the new owner chooses. There is an outside patio with furniture where patrons can eat at, and enjoy the surrounding garden. This is a great opportunity to own a beautiful restaurant below replacement cost. Please refer to CBB Listing #7074RDE.
Financials
Asking Price Range: $250K - $500K
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type: Sellers Discretionary Cash
Inventory: $260,000
Seller Financing: No
About The Business
Year Established: 2004
Number of Employees: 10 - 19
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Reason For Selling: International relocation.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Restaurants and Fast Food (Non-Franchise) business for sale.
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Print Listing Id: 700113243
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