Italian Restaurant for Sale with Beautiful Bar and Lounge!

Cypress, TX
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Asking Price:$459,000
Gross Revenue:$520,605
Established Year:2015
Cash Flow:$136,877
Rent:$6,250/Month
BUSINESS DESCRIPTION

At just $459,000 this successful local Italian Restaurant and Bar for sale is turn-key and has a proven success record for the past 10 years. This 3800 square foot space offers guests plenty of parking, and excellent visibility from the main road. There is no need to worry about creating an inviting, warm space for your patrons, this owner has already done the hard work for you!
The fully equipped kitchen in this Restaurant and Bar for Sale offers everything you need to prepare a memorable meal for your guests from start to finish. With everything from a fryer, flat top, stove, ovens, and grill there is no limit to your culinary creations! The dining space is tastefully decorated with a large, traditional bar as the focal point. The separate lounge is stylishly decorated in a speak easy theme boasting dark colors and low light making it the perfect place for an intimate drink with a partner or a fun evening out with friends. The lounge also makes the perfect place for private events and live music in the area.
The restaurant and Bar for Sale by We Sell Restaurants is currently only open for dinner Tuesday-Saturday leaving a huge opportunity for the new owner to quickly increase revenue by adding additional operating hours. The owner is sad to leave this local gem, but he is relocating North to be with family. He will be happy to stay and offer training to the new buyer to ensure a smooth transition.
This Italian Restaurant for Sale is eligible for traditional and SBA financing with twenty percent down, and your Broker with We Sell Restaurant has plenty of financing resources to assist you in the journey of restaurant ownership.
We Sell Restaurants will be working directly with the landlord to secure a long-term lease for you for both the restaurant and the lounge. Currently the rent including NNN and water is just over $6000
By providing your phone number to We Sell Restaurants, you agree to receive text notifications.


DETAILED INFORMATION
Location
Cypress, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,800
Employees
9
Facilities
Patio tables and chairs Barstools Bar tables and chairs Toast POS with cash drawers Two flat screen tvs Booths Tables Chairs Lobby seating Wine racks Host stand Bunn coffee machine Milk frother/steamer Two microwaves Condiment caddy Utensil caddy Wire shelving Waste receptacles Server trays Bar Mats Assorted barware Assorted utensils Assorted bakeware Assorted cookware Assorted knives Assorted dishware Deep fryer Flat top Six burner stove with oven Vent hood Grill 4 burner stove Double stack Blodgett gas ovens Toast kitchen display and printer Stainless tables Large sandwich prep cooler Small sandwich prep cooler Tabletop steamer Ticket rails Wall mount shelving Walk in cooler Three compartment sink Dish racks Utility cart Dish drying table Multi rack shelving Two 2 door glass front reach in coolers Bus tubs
Competition
This restaurant continues to buck the trends. While others may be struggling, this local favorite continues with a strong customer base.
Growth & Expansion
There is so much opportunity to grow this business just by increasing the hours and days of operation!
Support & Training
Yes, the owner will work with the buyers to ensure a smooth transition.
Reason for Selling
Relocation
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Tamara
Hamilton
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Tamara Hamilton