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Houston, TX

  • Listing No.: 101-20528

  • Category: Bar/Liquor, Food - Restaurant, Retail

Asking Price $200,000
Down Payment
Gross Revenue $751,538
Total Adjusted Net Income $109,273
Equipment / Fixtures $250,000
Year Established 2019
General Location Houston, TX
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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 more information including a detailed confidential opportunity summary with financial information and photos, please use this ad's email reply.

Gross Revenue $751,538 Listed Price $200,000
Total Income $109,273 Down Payment
Base Rent $10,320 Square Feet 4800
Total Rent $10,320 Lease Expiration 10/2022
Rent Deposit $10,320 Lease Options 1/5
Inventory $15,000 Leasehold Improvements $0
Equipment / Fixtures $250,000 Other Assets
Full-Time Employees 1 Training Period 14 Calendar Days
Part-Time Employees 1 Special License Required
Contract Staff 3 Reason for Selling Seller is moving out of the country.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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