Chinese Restaurant In NW Houston
Listing: #HT00220
Fernando Saldivia
Broker | Houston
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About this Business for sale in
Chinese Restaurant In NW HoustonExcellent price to earnings ratio!.....Located in a busy HEB shopping center in NW Houston, this restaurant has been established over 25+ years. Sales average $45,000 monthly. Seating up to 60. Room to grow sales as owner doesn't do any consistent advertising.
Rent $6,800 includes NNN and water. Buyer will receive new long-term lease. Approximately 2,700 sf. 5 employees on staff. Some seller financing is available......Be discreet as employees not aware business is for sale. Contact broker to schedule showing before it's gone!
Ad#:2366517
Attached Documents
Detailed Information
Inventory:
$10,000
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
$80,000
Included in asking price
Employees:
5
Financing:
Seller financing available
Negotiable
Reason for Selling:
Retirement
Business Location
Location:
Houston, TX
Real Estate:
Leased
Building SF:
2,700
Rent:
$6,800.00
*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.