RARE OPPORTUNITY. Restaurant for sale in East Houston
Mont Belvieu, TX
| Asking Price: | $750,000 |
| Inventory: | $15,000 |
| FF&E: | $150,000 |
| Gross Revenue: | $1,300,000 |
| Rent: | $8,613/Month |
| Established Year: | 2023 |
Listing ID: 2296627Listing provided by BizBuySell
BUSINESS DESCRIPTION
You do not want to miss this rare opportunity to own an established restaurant/ cocktail lounge in a booming town. This establishment has over $800,000 in buildout improvements and beautiful decor! The staff is well trained, and the owner is able to be absent when needed, although she likes to be involved!
Mont Belvieu is growing at a rapid rate, and this restaurant is in the middle of it all!
DETAILED INFORMATION
Location
Mont Belvieu, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,923
Lease Expiration
31/08/2029
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The restaurant/ lounge offers 3,383 sqft of enclosed space and 1,540 sqft of covered patio space. The lease ends in August 2029, but there is an option for an additional 5 years!
There are two bars inside and one bar on the patio. There is a full service kitchen and beautiful decor all around. This restaurant is known for its unique food menu, signature craft cocktails, and exquisite wine!
Competition
This restaurant is a rare concept and does not have much competition in the area. In order to find craft cocktails and the unique dining it offers, consumers would have to drive 45+ miles into Houston.
Growth & Expansion
Mont Belvieu is growing tremendously. With new neighborhoods popping up all around the restaurant. One specific master planned community, Riceland, which is less than a mile away, will welcome approximately 4500 new families.
Support & Training
The owner will be available for any training & support needs for a month after purchase.
Reason for Selling
The owner is pregnant with twins, due in January and also has a one year old.
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