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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