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Interstate 10 and Highway 6

  • Listing No.: 219-20449

  • Category: Food - Restaurant

Asking Price $330,000
Down Payment
Gross Revenue $964,912
Total Adjusted Net Income $106,498
Equipment / Fixtures $20,000
Year Established 2015
General Location Interstate 10 and Highway 6
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A popular Thai Restaurant serving West Houston for over 5 years. Right in the middle of the Energy Corridor, it is a go to spot for many of the big companies around. The restaurant occupies a beautiful 5,000 sq ft facility with outdoor seating. Seller is willing to stay on for 2 weeks to help with the transition. The 9 employees that work at the restaurant ensure the business operates without the owner having to be present all of the time. This opportunity will not last long.

Gross Revenue $964,912 Listed Price $330,000
Total Income $106,498 Down Payment
Base Rent $12,000 Square Feet 5000
Total Rent $13,307 Lease Expiration 05/2022
Rent Deposit $20,000 Lease Options 1/3
Inventory $3,000 Leasehold Improvements $15,000
Equipment / Fixtures $20,000 Other Assets
Full-Time Employees 9 Training Period Two (2) weeks
Part-Time Employees Special License Required
Contract Staff Reason for Selling I want to retire and spend time with children.

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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