Indian - Pakistani Restaurant
This is an Indian/Pakistani restaurant serving Halal food located on the North side of Houston/Spring area. The facilities are located in a strip shopping center on a heavy traffic street with over 19,000 cars per day. They have seating for 64. Great Yelp reviews regarding the quality of their food. Seller will train new owner. Priced as an asset sale. The facilities could be converted to Mexican or Chinese restaurant.
Background information
Reference:
82443
Year established:
2-17
Reason selling:
Perusing other investments.
Finance
Sales:
$281,999
Profits:
$49,720
Profit type:
Discretionary Earnings
Operations
Employees:
3 FT & 2 PT
Equipment:
See list in file
Inventory:
$3,000
Premises
Facility:
Strip Shopping Center
Square footage:
3000
Rent and lease terms:
Base rent $2,600 P/M, plus 3 Net Charges of $900 P/M. Lease expires 12/31/21. Options to renew are available.
Location:
Northwest Houston Spring area
Price and terms
Price:
$90,000
Down payment:
$90,000
Training:
As needed