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Listing ID: 3088688

Full-Service Restaurant in SE Houston Suburb For Sale

Galveston, Texas, United States

$ 200,000

(Furniture / Fixtures included)

Revenue: $ 530,000

Cash Flow: $ 74,700

Business Description

Fine Food, Casual Dining. The restaurant has been in operation since 2015 and has built a loyal customer base in this affluent neighborhood by offering fine food and wine with outstanding customer service. Area is rebounding from Hurricane Harvey and expected to grow.

They combine fine food and good wine with excellent service in an attractive environment. The result is a loyal customer base growing mainly by word of mouth. The business can grow by opening for lunch on weekdays and increasing advertising.

Property Details

Years Established:

4 Years

FF&E:

$ 51,700

Other Details

Premise Details:

This 2500 sq ft restaurant is strategically located in an affluent suburb southeast of Houston.

Expansion Potential:

A buyer can increase revenues by increasing prices, adding services and increasing advertising.

Operation Details

Employees:

2 FT / 9 PT

Trading Hours:

Mon-Fri 4-10pm; Sat 11-10; Sun 11-9

Support & Training:

Will train for 2 weeks @ no cost Wine and beer license required. The owner will work with the buyer until the new license is approved.

Miscellaneous

Reason For Selling:

With only a few years until retirement, the owner wants to transfer the restaurant to someone who can build on its excellent reputation with its customers and produce significant growth.

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