Japanese Restaurant in Houston
Houston, TX
| Asking Price: | $1,200,000 |
| Gross Revenue: | $2,400,000 |
| Established Year: | 2018 |
| Cash Flow: | $348,000 |
| Rent: | $11,147/Month |
Listing ID: 2302596Listing provided by BizBuySell
BUSINESS DESCRIPTION
Established and profitable Japanese restaurant with upscale sushi bar and liquor bar in Houston is up for sale. This restaurant located in major Houston market area. All equipments in the restaurant is included in the sale price. The professionally designed restaurant of 4,200 SF with an additional 800 sf outdoor patio. The restaurant has been profitable since it was established in 2018 even during the COVID. The owner is selling the restaurant to focus on other business after years of dedication to the restaurant industry. Gross 2.4 Million, Annual cash flow $348,000 Net income is about 29,000/Month. Rare opportunity to acquire one of the top grossing restaurants in the area.
DETAILED INFORMATION
Location
Houston, TX
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
4,200
Lease Expiration
31/12/2030
Facilities
Lease can be extended at time of sale. Over $800,000 all equipments, furnitures and fixtures in the restaurant is included in the sale price.
Support & Training
Owner will train up to 1 month for smooth transition.
Reason for Selling
Owner is selling to focus on other business.
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