This established Mediterranean fast-food restaurant [both eat-in and takeaway] is sited in an excellent Mall location [not food court] and benefits from a high level of passing foot traffic. Suitable for an owner-operator to manage and grow, this already profitable restaurant is fully equipped and well built-out . . . a turn-key operation making for immediate profitability for a new owner. Seller needs to relocate out of state, forcing an immediate sale requirement - all offers will be entertained.
Country: | USA |
State or Province: | TX |
City: | Houston |
Location Zip or Postal Code: | 77494 |
Service Type: | Counter Service/Fast Casual |
Title of Listing: | Mediterranean Restaurant - INSIDE Houston Mall |
Number of Locations: | 1 |
Number of Seats: | 51-150 |
Size: | 1200, Square Feet |
Patio: | No |
Number of Employees: | Less than 10 |
Hours of Operation: | Mon. - Sun. 10:00am - 9:00pm |
Reason for Selling: | Relocation |
Owner Operated or Absentee Owner or Flexible: | Flexible |
Training Provided: | Yes |
Asking Price: | $129,950 |
Gross Revenue: | 78,819 |
Gross Revenue Range: | Under $500,000 |
EBITDA Range: | Under $100,000 |
SDE (Sellers Discretionary Earnings): | $78,819 |
SDE Range: | $100,000 |
FF&E Value (Furniture Fixtures and Equipment): | 80,000 |
FF&E Value (Furniture Fixtures and Equipment) included in price: | Yes |
Inventory Estimated Value: | $3000 |
Inventory Value included in price?: | Yes |
Asset or Share Sale: | Asset |
Real Estate Owned or Leased: | Leased |
Financial Comments (include any Financing information that may be useful): | Seller is willing to finance up to $2,000. |