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30- year old Profitable Asian Restaurant

Houston, TX (Harris County)

Established, Profitable History
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Asking Price: $60,000

Cash Flow: $54,158

Gross Revenue: $442,646

EBITDA: N/A

FF&E: $45,540

Inventory: $3,000*

Rent: $5,304 /Month

Established: 1989

*not included in asking price.

30- year old Profitable Asian Restaurant

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Business Description

Near Grand Parkway and I-45

This profitable Asian-style restaurant located in Spring, Texas has a successful 30-year history and a strong customer base. In a strip center with a major anchor that brings in a high volume of traffic to the center. With a fresh-made menu large number of seats for dine-in, but also has a strong Take-Out business. Current owners have a non-business related issue that requires them to sell giving a great opportunity for an on-going established business for the price of the equipment and finish-out. The current lease runs out in May of 2020 and a new lease will need to be secured from the landlord, which can be negotiated prior to closing on the purchase of the business.

Detailed Information

Location:
Houston, TX
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,578
Lease Expiration:
5/31/2020
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
In Line Strip Center
Competition:
Well Established customer base
Support & Training:
4 weeks
Reason for Selling:
Family Concerns unrelated to business
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Myke Howard

Business Listed By:
Myke Howard

VR H-Town Business Sales / Mergers & Acquisitions

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