Latin Fusion Cuisine & Wine Bar
Latin Fusion Cuisine & Wine Bar
Both stylish and profitable, this Latin Fusion Restaurant & Wine Bar has become a popular venue in the Katy area since recent and extensive remodeling by the current owner. Appealing to the upwardly mobile young professional, and discerning diners alike, this intimate, 50-seat restaurant provides gourmet fare and a constantly changing specialist wine selection. Family reasons are forcing owner to sell prematurely but would consider remaining as a wine consultant and helping to continue the expansion of the corporate events and wine tastings aspect of the business.
Location
Country: | USA |
State or Province: | TX, AL |
City: | Houston |
Location Zip or Postal Code: | 77494 |
Listing Information
Service Type: | Sit-Down Table Service, Catering |
Title of Listing: | Latin Fusion Cuisine & Wine Bar |
Year Established: | 2017 |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 1390, Square Feet |
Patio: | No |
Number of Employees: | Less than 10 |
Hours of Operation: | Mon - Sunday 11am - 10:30pm |
Reason for Selling: | Family Obligations |
Owner Operated or Absentee Owner or Flexible: | Flexible |
Training Provided: | Yes |
Financial Details
Asking Price: | $375,000 |
Gross Revenue: | 180,000 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE (Sellers Discretionary Earnings): | $180,000 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment): | 150,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Estimated Value: | $4000 |
Inventory Value included in price?: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Leased |
Total Monthly Rent: | $2,900 |
Contact Listing Owner
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