Caribbean Cajun/Creole Restaurant & Bar
Caribbean/Cajun/Creole Restaurant & Bar - Located in a strip shopping center near NRG Stadium. Menu includes curry chicken, jerk chicken, cuny goat, oxtail, brown stew, boudin balls, fish & shrimp, and other tasty items. The facilities has a large dining room and bar area that seats 90 customers, and they have a fully equipped kitchen. The business is opened for lunch which accounts for approximately 30% of the sales with dinner being 70% of sales. Owner/Manager is leaving to go back to Nigeria to take care of his sick mother. Sell is willing to offer financing.
Listed By: Jeffrey Jones
Background information
Reference:
82470
Year established:
February 2019
Reason selling:
The managing partner is leaving the country to take care of sick mother and the other partner has another business and does not have time to manage both businesses.
Finance
Sales:
$420,000
Profits:
$92,000
Operations
Employees:
7 full and part-time employees
Equipment:
See equipment list
Inventory:
$5,000 food and beverage.
Premises
Facility:
The facilities include a large dining room and bar area.
Square footage:
1,968
Rent and lease terms:
Base Rent $4,099.42 plus CAM $1,264.44 P/M Lease expires 2/28/25. Transfer fee of $1,000..
Location:
The business is located in a strip shopping center on a high traffic street near the NRG Stadium.
Opportunities
Growth:
As the business now does very little catering, this would be an excellent means to expand the business.
Price and terms
Price:
$60,000
Down payment:
$60,000
Training:
As needed