This popular neighborhood restaurant in a Northwest suburb of Houston serves American cuisine (Burgers, Steaks, Seafood, Soups and Salads). It has well defined operating procedures, inventory and costing controls and an effective training program that the seller will pass on to the new buyer. Seating over 100 patrons and situated on a busy neighborhood corner. The owner changed the concept to American cuisine in early 2016 and has been very happy with the restaurant’s success in its first year under that concept. The restaurant has also enjoyed good press exposure. Financials shown previous to 2016 are from a different concept in same location. Food constitutes about 70% of revenues while liquor is about 30%. Good gross profit margins should remain if inventory/buying practices continue. Seller will train new buyer. Please refer to Listing #7971
Asking Price $160,000
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