REDUCED Nightclub Fabulous Kitchen on 1960 at Champions

, Texas 25 views 0 favorites

Financial Highlights
Asking Price
$250,000
Revenue
$248,691
Business Description

**REDUCED AND CAN BE YOURS FOR ONLY $140,000 DOWN** This stunning restaurant, bar, lounge, nightclub and event center near the Champions area on 1960 has prospered in this same location for over 10 years. The kitchen equipment, bar inventory, fixtures and furniture are by themselves worth over $350,000. Due to recent health issues, the long-time owner is ready to retire and sell this business to someone who's ready to run the facility to its full potential. This restaurant and lounge is worth well over $600,000. Pre-covid annual sales averaged over $395,000. The potential for this gorgeous space is limitless. Any buyer could reopen as a nightclub and restaurant or decide to focus on just events. There is a space for a cigar lounge and all of the leather couches other furniture are new. For the vast square footage, the rent is very low and as far as is known, the rent will stay the same or go nominally up for a new owner. Make an offer today on this amazing business that is easily worth double the listing price! Location: Houston, Texas Year Established: 2010 Real Estate: Leased Building Sq. Ft.: 8,000 Rent: $8,500.00 Per Month

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 14, 2022

Updated: 11 hours ago

Views: 25

Favorites: 0