SOLD
Executive Summary
This is a freestanding building south of downtown offering soul food. This is a Houston institution having been at this location for over 50 years. Generation after generation have enjoyed this classic soul food. The owner lives out of state and is absentee. The food cost is approximately 50% of sales indicating little management and/or the prices are too low. There is a beautiful outdoor covered patio and plenty of parking available. It can’t be over stated that this restaurant has a steay clientele that has been dining at this restaurant for decades.
| Listing #: | 2335 | Asking Price: | SOLD |
| Location: | South of Downtown | Down Payment: | $185,000 |
| Business Type: | Freestanding Restaurant | Sales Volume: | $1,142,642 |
| Discretionary Earnings: | $93,509 |
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