Crawfish & Seafood Restaurant in NW Houston (Seller Financing Available!)
Listing: #HT00062Fernando Saldivia
Broker | Houston
About this Business for sale in Houston
Crawfish & Seafood Restaurant in NW Houston (Seller Financing Available!)This seafood specialty restaurant is a favorite in the community. Serving fresh crawfish, fish, crab, lobster tail, scallop, oyster, shrimp, chicken tender, rice & noodles, gumbo, salad, and a variety of beers. Loyal customers and good employee retention. Established only 1.5 years, the business gross revenue is $550,000. Net income is $110,000. Updates include new A/C, new vent hood. Freezer and cooler under warranty. Rent is $3,670 including NNN. 2,250 sqft. 3 yrs on lease with additional option available. 6 full-time and 1 part-time work. Corner space with ample parking available in the front and side areas. Seller financing available with 50% downpayment.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.