| 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
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

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