Listing Number: 76931-286579
Description
Two highly popular restaurants, located directly across from each other in a major Houston shopping center, offer distinctive dining experiences and have cultivated a loyal customer base. Owned by the same proprietor, these establishments have become favorites among local office workers and residents, thanks to their unique self-serve concepts and quality offerings.
Restaurant Overview
Japanese Restaurant (Established 2009):
Specializing in sushi and Japanese small plates, this restaurant offers fresh, flavorful menu items with a user-friendly dining format. Guests can also order special items, adding a personalized touch to their experience.
Chinese Restaurant (Established 2020):
This casual dining establishment provides an inviting atmosphere with a wide selection of authentic Chinese dishes. The self-serve concept allows guests to explore flavors at their own pace, creating an enjoyable and interactive dining experience.
Both restaurants are known for their high-quality meals, fresh ingredients, and convenient setups, which have made them local favorites.
Financial Performance
Despite challenges posed by road construction near the shopping center since 2022, both restaurants have remained profitable:
Japanese Restaurant:
2023 Revenue: $1,298,483
2023 SDE: $295,751
2024 Estimated Revenue: $1,112,743
2024 Estimated SDE: $130,000–$150,000
Chinese Restaurant:
2023 Revenue: $1,681,429
2023 SDE: $561,895
2024 Estimated Revenue: $1,487,532
2024 Estimated SDE: ~$400,000
Owner Involvement
The current owner dedicates approximately 20 hours per week to overseeing both restaurants, including managing staff, hiring, and handling purchasing.
Acquisition Highlights:
Both restaurants are available for purchase together or separately.
SBA financing is pre-approved.
A rare opportunity to acquire two top-performing restaurants in the same prime location at an attractive price.
Reason for Sale
After years of dedication to the restaurant industry, the owner is seeking to sell the business to enjoy more personal freedom, spend time with family, and travel.
Listing Details
- Price: $1,105,000
- Down Payment: $1,105,000
- Sellers Discretionary Earnings: $857,646
- Total Sales: $2,979,912
- Location: Harris County, Texas
- Inventory: $422,280
- FF&E: $300,000
- Employees: 30
- Year Established: 2009 & 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
Contact Agent:
- Sohil Gandhi
- Phone: (682) 559-0966
- Email: sohil.gandhi@tworld.com