Upscale Hamburger Grill Restaurant For Sale
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $775524
Net Profit / Cash Flow $142474
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2010
Number of Employees 20 - 34
Inventory 379000
Relocatable No
Number of Employees 20 - 34
Real Estate Leased
Reason for Sale Developer intends to increase name brand in other locations.
Description This bellwether of Houston restaurants has been a customer favorite since 1951. When Houstonians are savoring old-fashioned hickory pit barbeque or fresh ground on-premise hamburgers, this restaurant name will always top the list. In 2003, a new owner expanded to five locations and now one of those locations is available for purchase. The menu still features the delicious barbeque and burgers, but has been carefully developed and updated with healthy salads, salmon and mahi-mahi plates, many specialty dishes and tasty deserts. This restaurant is located in a beautiful ''town center'' type shopping center in an active, upscale area. The decor and equipment are all new and first-class. Customers can choose to dine in the tranquil indoor area or in the outdoor area next to the center green square. This location has enjoyed nearly $1,000,000 in sales since its start-up in late 2010. There are no royalty fees associated with this purchase - just pay a $1,000/month license fee for the name! You can acquire this great restaurant at well below replacement cost. Contact us quickly to take advantage of this very special opportunity.
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