Listing Number: 75931-588345
Description
This business is a family owned and operated Mexican restaurant in the fast growing community of Hempstead, TX. Starting in 1998 as the towns only food truck, the business quickly grew and now operates in an 1811 square feet restaurant space that includes clean and spacious dining area and newly built coffee bar. This restaurant has solidified itself in this community as “the best in town” by excellent service and their delicious menu. The loyal customer base and the projected growth of town due to its proximity to the rapidly approaching city of Houston give this business everything it needs to serve as a great investment. The business is priced to sell at $289,000. Currently the restaurant is only open for breakfast and lunch and does not sell alcohol. Expanding the hours and including alcohol can significantly increase revenue. This is a wonderful opportunity to own a revered restaurant with great growth potential.
Listing Details
- Price: $ 525,000
- Down Payment: $525,000
- Sellers Discretionary Earnings: $ 157,000
- Total Sales: $ 461,000
- Location: Texas
- Inventory: $ 2,000
- FF&E: $ 40,000
- Employees: 7
- Reason for Selling: Other business interests
- Category: Restaurants
