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Mexican Restaurant for Quick Sale for sale in Harris County, TX

Harris County, Texas (TX)

Asking Price: Gross: Cash Flow:
$ 65,000 Undisclosed Undisclosed

Furniture and Fixtures Value:
$ 30,000 (included in the asking price)

Inventory Value:
$ 5,000 (included in the asking price)

Business Summary:
This restaurant is available at a bargain price! It was recently closed in late March, and the Landlord has it for sale ready to open back up under a new owner/management. Approximately 1,500 square feet fully built out in a new and clean strip center in a thriving area, the restaurant has a stocked kitchen and bar (with some remaining food and alcohol inventory in place). The dining room has four booths and five 4-top tables for seating up to 36 people, plus seating for four at the bar.

 

   
Year Business was Established: 2015
   
Number of Employees: 1 FT/6 PT  
   
Facilities / Terms of Lease: This business does not include real estate. The restaurant operates from a leased space in a retail strip in east Houston in a highly-trafficked and visible location. Guests will enjoy free parking in the beautiful shopping center, conveniently located to Beltway 8.  
   
Potential Growth/Expansion: This business has tremendous opportunity. The space is already built out and turnkey, and the new owner can either build their own menu and style, or leverage what is already in place. There is opportunity for growth through advertising and marketing should the new owner wish to reach a broader client base.  
   
Competition: Other than an Olive Garden across the street, the only other restaurants in the immediate area are primarily fast food type businesses.  
   
Reason for selling: The former business owner had to close the restaurant in the last week of March due to past due rent, and the Landlord is now selling the business.  
   
Seller Reference Number: 6206-12986
BusinessMart.com Listing Number: 209134
 

 

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For more info contact:

Russ Bieber

Murphy Business & Financial Services
727-725-7090

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