Chinese Buffet Restaurant
Houston, TX
| Asking Price: | $275,000 |
| Gross Revenue: | $1,140,000 |
| Rent: | $9,700 |
| Established Year: | 2021 |
| Cash Flow: | $156,000 |
| Inventory: | $3,000 |
| FF&E: | $126,000 |
Listing ID: 2158999Listing provided by BizBuySell
BUSINESS DESCRIPTION
Chinese Buffet Restaurant
This is a free standing Chinese restaurant with seating for 85 customers located on a major street near Intercontinental Airport and Beltway 8 in Houston open 7 days per week from 11 AM to 9 PM. They offer a buffet style line with a large variety of food items including soups, kimchi, shrimp boil, teriyaki pork ribs, broccoli & Mongolian beef, bourbon chicken, snow shrimp, & a variety of vegetables. Approximately 80% of the business is takeout or delivery. Seller is willing to train and provide seller financing.
ATTACHED DOCUMENTS
DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,953
Lease Expiration
31/10/2031
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Free standing building with large kitchen and dining room.
Growth & Expansion
Could add beer & wine & mixed drinks.
Financing
$137,500 cash down & Seller Note for $137,500 for 5 years at 6% interest = $2,658.26
Support & Training
As needed
Reason for Selling
The owner wants to open a restaurant near his home.
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