Restaurant / Grill For Sale
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $360000
Net Profit / Cash Flow $0
Cash Flow Type EBITDA
Seller Finance No
Year Established 2012
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Train for two weeks
Reason for Sale Absentee owner
Description The owner needs to sell quicly and has lowered the price on this local restaurant and grill in the north east Houston area is for sale. The restaurant is in a strip center and specializes in country style and Italian food. The restaurant is open Monday - Sat from 7:00 AM to 9 PM and on Sunday from 8 AM to PM and has 10 employees.
The restaurant is 2218 SF and can sit approximately 88 people. Rent is $2,400 per month, NNN on a 5 year lease. Current owner is absentee and opened the restaurant in June 2012 and has become very popular with the local firemen and law enforcement. The gross sales for 6 months was $184,210.
Because the owner is absentee, he needs to sell. To sell it quickly he is asking $65,000. If you are interested, contact Al Heizer at 713-557-5521.
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