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Businesses For Sale > Business For Sale in Houston area, Texas (TX)

Family Diner in Freestanding Bldg. W. Houston - Owner Finance for sale in Houston area, TX

Houston area, Texas (TX)

Asking Price: Gross: Cash Flow:
$ 150,000 $ 195,787 $ 76,925

Furniture and Fixtures Value:
$ 40,000 (included in the asking price)

Inventory Value:
$ 2,000 (included in the asking price)

Business Summary:
This quaint little cafe is in an excellent location, across the street from the local Kroger store and in one of the very few available stand alone buildings on the west side of Houston. Almost 50,000 cars drive by this restaurant daily and there is a stop light leaving the shopping center parking lot. Christmas parade runs right in front of store each year bringing a lot of customers in for the holiday season. New roof and patio added in 2009 that currently seats 16, but room for 8 more. Inside seating for 28 currently but could also add 4-5 more tables. The buildout and equipment would cost $250K-$300K to start something like this up. Keep the same cafe concept or change to any concept of your choice. Possible to add drive through window if desired to substantially increase revenues. Owner has negotiated a lower rent of $3665/month through November, 2010. Owner financing available to qualified buyer. Owner will stay to help with transition if needed. Please refer to CBB Listing #7099MB

 

   
Year Business was Established: 2006
   
Number of Employees: 1Ft; 2Pt  
   
Facilities / Terms of Lease: 1,750SF freestanding facility  
   
Potential Growth/Expansion: Advertise. Add drive-thru window  
   
Owner willing to finance: Seller financing available  
   
Owner willing to train: Seller will train.  
   
Reason for selling: Owner has Corp Job, owns a 2nd business, needs personal time  
   
Seller Reference Number: 7099MB
BusinessMart.com Listing Number: 71735
 

 

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