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Blockbuster North Houston Restaurant Package

Asking Price

$2,800,000

Annual Cash Flow*

$667,750

Annual Revenue

$6,300,000

Sunbelt Listing ID

N2059-GM

Real Estate

Not Included

Pictures are stock images and are not indicative of the actual business.

Listing Details

State

City

Texas

Houston

Company Description

Listing Agent

DA-head-shot-resized.jpg

George Moncada

281-440-5153

Industry

Food and Beverage

*Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, and owner's compensation. See earnings detail from Seller.

Unique opportunity to purchase well known and highly acclaimed restaurants in North Houston. Combined the restaurants generated $ 6,300,000 in sales for 2023 and Seller's Discretionary Earnings combined at $ 667,750. Restaurants only sold together.

 

Reason for Sale:

Owners have international holdings that have expanded and require additional time of these restaurants, necessitating the sale

 

Management Training & Support:

The Seller will provide training to the Buyer after the sale of the business on a schedule agreed to by both parties to ensure a smooth transition.

SOLD

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