Fine Dining Restaurant and Bar – Great Location! – REDUCED PRICE! 0 5 0 0
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SOLD

Executive Summary

A freestanding building offering Fine Dining, Bar and an Outside Patio. The cuisine is American with an Indian/European flair. Total square footage is approximately 4,614. The owner will sell the business with all assets for $390,000.  He pays himself rent of approximately $8,000 per month triple net and proposes to charge a buyer the same. The business was established in 2001, but this building was built in 2006 for the purpose of this stunning restaurant. The cuisine could easily be changed to a Steak House or any type of cuisine, although, profitable now!  Sales for year 2015 were nearly $1.5 million dollars. One full-time owner/operator could easily replace the current two owners, according to the seller.  Presently offering a Valet Service with a total of 33 parking spaces. An additional space is leased for parking.  Inside seating is approximately 124 inside and an additional 29 outside on the patio.  Beautiful space in a GREAT AND BUSY LOCATION!
Listing #: 2300 Asking Price: SOLD
Location: Houston Down Payment: $150,000 - OWNER FINANCING/$210,000 FOR RIGHT BUYER!
Business Type: Fine Dining Restaurant and Bar - PRIME LOCATION! - REDUCED PRICE! Sales Volume: $1,481,174
Discretionary Earnings: $138,583

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The information contained herein has been obtained from the Seller and other sources deemed to be reliable. No representation is made by Del Lingco International regarding the accuracy or completeness of this data.

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