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A beautiful well know fine dining restaurant is for sales

Houston, Texas (Harris County)

Retail - Restaurants | Retail - Bars/Taverns

Asking Price $650,000 Inventory $60,000** 
Gross Income $1,600,000 Real Estate n/a** 
Cash Flow Not Disclosed Year Established 2000
FF&E $400,000* Employees 18

* included in the asking price

** not included in the asking price

Beautiful restaurant/ Night club in the heart of Downtown

A beautiful, well known fine dining restaurant is currently available for sales. Located right in the heart of Theater District, one mile from Medical Center, Convention, Minute Maid and surrounded by many five stars hotels and three largest Univertisities in Houston. The restaurant have two full bars and a private lounge, real estate is not included. 15 years left on the lease with an option to renew. Lowest rent in downtown of Houston ( less than $1.50 psq)

Facilities: 7,300 square feet, two floors, full kitchen, two full bars, private Lounge.

Competition: Rated "Top American Restaurant" by zagat for straight six years. Beautiful private Lounge/ Night club on Weekend. Good cash flow

Growth/Expansion: Excellent if turn into an adults venue. Will be the only one in Downtown of Houston.

Financing: none

Support/Training: Owner will stay up to 60 days for trainning if needed.

Reason Selling: Other interest

AD # 381235

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