Listing Number: 76931-741800
Description
Opened in 2023, this full-service American restaurant with a focus on whiskey has quickly become a local favorite, generating average annual sales of $4.56 million with discretionary earnings of $574,404. Located in a prime North Houston area with strong demographics, excellent visibility, and heavy traffic counts, the business operates seven days a week with robust lunch and dinner service.
The restaurant offers 4,650 sq ft of upscale interior dining plus a 1,325 sq ft patio, and benefits from a long-term lease through March 2032 (with one five-year option). Included in the sale are $400,000 in FF&E and $600,000 in leasehold improvements, along with a trained staff of 47 employees, including 4 managers.
The seller will provide at least two weeks of transition training.This is a turnkey, high-volume operation perfect for an experienced restaurateur or investor looking for a proven concept in one of Houston’s fastest-growing areas. The seller owns multiple restaurants and is redeploying capital into a new venture.
Listing Details
- Price: $1,995,000
- Down Payment: $1,995,000
- Sellers Discretionary Earnings: $574,404
- Total Sales: $4,500,000
- Location: Montgomery County, Texas
- Inventory: $30,000
- FF&E: $400,000
- Employees: 47
- Year Established: 2023
- Reason for Selling: Other business interests
- Category: Restaurants,Liquor Related Biz
Contact Agent:
- Raul Quintero
- Phone: (832) 287-4357
- Email: rquintero@tworld.com