Tex-Mex Restaurant Bar & Grill
Location: Texas > Harris County > Houston area
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $120,000
Gross Revenue: $444,000
Cash Flow: $83,215
FF&E: $95,000 (Included in Asking Price)
Business Summary
Full service restaurant/bar/grill. Beautiful decor. Restaurant serves a variety of foods, but mainly Tex-Mex dishes. The restaurant cost over $350,000 to build. Business is located across from many retail establishments such as Wal Mart and other large stores. Energy corridor including Conoco and Phillips are headquarted nearby. There are also many hotels in the area. Seating capacity for 114. Food is good and the area is growing fast. Many subdivisions and office buildings are being built in the nearby area. Owner has full time job and also owns a deli shop. Please refer to CBB Listing #6907JY
About the Business
Year Established: 2000
Employees: 11 part time
Facilities: 3,815SF facility in strip center.
Market Outlook and Competition: 1. Need to increase promotions and advertising. 2. Develop catering.
About the Sale
Reason For Selling: Owner is moving to Austin to transfer with his job.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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