Upscale & Very Profitable Latin Cuisine Restaurant in Prime Location!
Price: $2,000,000
Location: Houston, TX (Harris County)
Listing Description
Great Cash Flow and Prime Location!
This popular and highly profitable South American restaurant is located in the Houston, TX area. Location is prime and is found in one of the best upscale locations in the city.
Restaurant serves the highest quality of ingredients and meats. A variety of dishes are served such as steaks, chicken, pastas, salads, seafood and more. Exceptional liquor, wine and beer selections complement the great food.
The business is very busy with 36 full time and part time employees to manage all the traffic. Restaurant is open Monday thru Sunday with brunch, lunch and dinner options. This is a great opportunity for new ownership to take this restaurant to the next level!
Detailed Information
- Inventory:
- Included in asking price
- Real Estate:
- Leased
- Building SF:
- 3,000
- Lease Expiration:
- N/A
- Furniture, Fixtures, & Equipment (FF&E):
- Included in asking price
- Facilities:
- Restaurant is 3,000 sq. ft. with private rooms available. High end furnishings decorate the location beautifully. Parking is abundant in this shopping complex.
- Competition:
- Restaurant offers unique ingredients and dishes compared to others.
- Growth & Expansion:
- Add catering, locations, franchising, to name a few
- Support & Training:
- Time frame is negotiable
- Reason for Selling:
- Other business interests
Listing Details
Gross Income: $2,580,000
Cash Flow: $443,000
FFE: $100,000
Inventory: $58,000
Location
Monthly Rent: 21,050
