• Listing ID: 1151018
  • (Seller ref: 7365JY)

Restaurant & Banquet Hall In SW Houston For Sale


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Asking price:
$125,000 (Furniture / Fixtures included)
Sales revenue:
$390,000
Cash flow:
$109,388
Years established:
2007
Employees:
2Ft; 8Pt; 2 Owners

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This business consists of a restaurant and banquet hall. The restaurant specializes in true American style burgers, Fusion foods and and oriental dishes. The banquet hall is available for all types of parties and events and can accomodate up to 140 people. Restaurant is located on Hwy 6 in Sugarland. Fully equipped to serve any concept. Also can be converted to other menus. Daily Average sales are $1,0701/per day based on gross sales for year 2010. Banquet hall has all the equipment and special set-up to serve the many different types of events. Name is excluded from sale.

Seller's Discretionary Earnings: $109,388 Proforma


Real Estate:
Lease
Location:
2,150SF rest; 2,057SF banquet hall in shopping center in SW Houston

Expansion potential:
1) Develop catering and delivery. 2) Add new menu to promote the banquet facility. 3) Increase advertising.
Reasons for selling:
Health problems force sale.
Trading hours:
7 days, Mon-Fri 11:00AM - 10:00PM; Sat & Sun 9:00AM -11:00PM
Furniture / Fixtures value:
$90,000 (included in the asking price)
Related documents:

For more information about this business for sale, click the Contact Seller button.


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