Asian Fusion Cuisine & Sushi - Spring, TX
Asian Fusion Cuisine & Sushi - Spring, TX
Fully operational and equipped Asian fusion restaurant for sale in North Houston. Located in a major strip center on a busy road. This restaurant offers a fully stocked bar and a wide range of traditional Asian menu options including sushi. The restaurant has a cozy modern contemporary design that is welcoming, warm and luxurious. Restaurant seats 82 comfortably in a professionally designed space of 3,000 square feet. Revenues reflect a growth rate of approximately 25% each year in the last 3 years. In 2016 revenue reached $1.2 million and discretionary earnings of nearly $350,000. This rare sale is perfect for any buyer looking to acquire a top performing restaurant.
Location
Country: | USA |
State or Province: | TX","TX |
City: | Houston |
Location Zip or Postal Code: | N/A |
Listing Information
Service Type: | Sit-Down Table Service |
Title of Listing: | Asian Fusion Cuisine & Sushi - Spring, TX |
Year Established: | 2015 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 3,000, Square Feet |
Patio: | No |
Number of Employees: | 11-50 |
Reason for Selling: | Ohter Resturant Endevers |
Owner Operated or Absentee Owner or Flexible: | Owner Operated |
Training Provided: | Yes |
Financial Details
Asking Price: | $840,000 |
Gross Revenue: | $1.2 Million |
Gross Revenue Range: | $1,000,000+ |
EBITDA Range: | $100,000-$300,000 |
SDE (Sellers Discretionary Earnings): | $350,000 |
SDE Range: | Over $300,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Value included in price?: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Leased |
Contact Listing Owner
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