Restaurant - Established 47 Years With Real Estate
Location Texas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $397831
Net Profit / Cash Flow $83669
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1966
Number of Employees 6 - 9
Inventory 145000
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Seller will train.
Reason for Sale Originally purchased for his son; son owns a biz in another city.
Description Classic drive-in restaurant in a Houston northeast suburb has been serving families for 47 years. Great online reviews, many from people who ate there as kids and now are bringing their own families. Legendary gyros and mouthwatering burgers among other tasty menu items. Currently business is open 6 days a week. Operated by the manager on behalf of the seller who owns and operates several other businesses in other locations. This restaurant is in a freestanding facility with a drive-thu. Seating capacity is 40 plus. Located near a highway and a high traffic street. Lot size is over 55,000SF with ample room to build a shopping center or other structure and is being sold with the business. This is a great opportunity for a family operation.
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