Restaurant with Open Kitchen - Central Houston

Listing Number: 76931-166765

Description

Asset sale. Opened six years ago and currently operating in the desirable Heights area with a busy dinner service six days per week. This is a full service restaurant and bar with an open-kitchen and modern design. The seller invested more than $800,000 to open this restaurant. This is a turnkey opportunity to bring your own concept and save substantial money on construction and equipment.
This restaurant has 2,160 sq ft (with expansion opportunity) plus an outdoor patio, and is located in a busy area with excellent demographics, visibility, and traffic counts. Lease expires in March 2026 and there is one five-year option period. The rent (including CAM) is currently $10,500 per month.
The listing price includes $100,000 in FF&E and $300,000 in leasehold improvements. There are 12 employees including 2 managers on staff. The owner will provide 2 weeks of training to ensure a smooth transition.
The seller owns multiple restaurants and is looking to improve work-life balance.

Listing Details

• Price: $ 375,000
• Down Payment: $375,000
• Sellers Discretionary Earnings: $ 0
• Total Sales: $ 612,598
• Location: Harris County, Texas


• Inventory: $ 0
• FF&E: $ 100,000
• Employees: 12
• Year Established: 2018
• Reason for Selling: Other business interests
• Category: Restaurants,Liquor Related Biz