Established and Profitable Chinese Restaurant NW Houston

Listing Number: 76931-139003

Description

For sale is a Chinese Restaurant. Local favorite since its opening in April 2020. Located in a major shopping center in Houston, this restaurant features a unique self-serve concept, offering a variety of dishes. The restaurant has successfully attracted a loyal customer base, drawing repeat visitors from nearby offices and the surrounding community.
The professionally designed restaurant of 3,945 square feet. The seller spent upwards of $600K on leasehold improvements, furniture, fixtures, and equipment when it was first built.
The restaurant has been profitable since it was established in 2020. Revenue for the year 2023 was $1,681,429, with an SDE of $561,894.86. Even though its revenue and profit have been impacted by the road construction in front of the restaurant since 2022, revenue for 2024 was $1,487,532.32, with an estimated SDE of about $400,000.
The owner is selling to enjoy more freedom to spend time with family and travel after years of dedication to the restaurant industry.
SBA loans are pre-approved. Rare opportunity to acquire one of the top grossing restaurants in the area at a low price.

Listing Details

• Price: ¥755,000
• Down Payment: $755,000
• Sellers Discretionary Earnings: ¥381,921
• Total Sales: ¥1,524,593
• Location: Harris County, Texas


• Inventory: ¥10,000
• FF&E: ¥200,000
• Employees: 16
• Year Established: 2020
• Reason for Selling: The owner is selling to enjoy more freedom to spend time with family and travel after years of dedication to the restaurant industry.
• Category: Restaurants