Cafe & Bar Midtown Area

Houston, TX
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Asking Price:$75,000
Inventory:$3,000
Established Year:2022
Gross Revenue:$840,000
FF&E:$71,000
BUSINESS DESCRIPTION

Restaurant & Bar with Seller Financing.

This midtown 2,600 sq. ft. cafe & bar sets 152
customers with a full service kitchen and dining
room. They also have an outside patio area that
has a direct view of the intersection of two busy
streets. The current menu is Chinese dishes, but
can be converted to most any menu type. The
Midtown area is home to many high end
restaurants and bars serving the many condos,
apartments, and commercial businesses between
downtown and the Galleria. The semi-absentee
owner does not have time to properly manage
this business and is will to sell with Seller
Financing.


DETAILED INFORMATION
Location
Houston, TX
Inventory
Not Included in asking price
Employees
12
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Financing
$30,000 cash down and $45,000 Seller Note @ 6% interest for 3 yrs. = $1,368.99 P/M
Reason for Selling
Semi-Absentee owner does not have time to manage this business
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Jeffrey
Jones
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Jeffrey Jones