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Drive In Restaurant In Houston For Sale

Houston, Texas
Asking Price:
$375,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$315,940 (USD)
Cash Flow:
$10,008 (USD)

Classic drive-in restaurant in northeast Houston, inside the beltway, sits on 6 tracts of land directly across from a new Elementary school that opened in August. Unlimited possibilities exist with this 55,000 SF parcel. Perfect site for building anything from a strip mall to a day care center in an area that is rapidly being renovated. This legendary restaurant is in a freestanding facility (2,215 SF) with a drive-through, walk up window, and inside seating for over 40 customers, with new air conditioning and updated kitchen. It is currently being operated by the manager on behalf of the seller who owns several other businesses in other locations. The restaurant business is just above break-even and profitability can be quickly increased with a new owner present. The city updated the sewer system which can accommodate an increased number of people in this location. Check out this great deal today!

Asset Sale

Property information

Real Estate:

Lease

Location:

2215sf free-standing building on 55,710sf of land (6 lots)

Business Operation

Expansion Potential:

Open Sundays, Advertise. Build shopping center on adjacent land.

Reasons for selling:

Seller bought business for son and he has another business in another city.

Trading hours:

6 days, Mon - Sat 11am-8pm

Employees:
6ft
Years established:
1966

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner financing available

Furniture / Fixtures value:
$100,500 (USD) - included in the asking price
Inventory / Stock value:
$4,500 (USD) - included in the asking price
Related Documents:

Contact Information

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