Please ensure Javascript is enabled for purposes of website accessibility Popular 8 Location Restaurant Chain - Houston | John Zarou | Transworld Business Advisors

Popular 8 Location Restaurant Chain - Houston

Listing Number: 76931-268521

Description

This seafood restaurant chain includes 8 locations that offer a number of popular seafood favorites prepared fresh daily. 6 locations have been open and operating while 2 new locations are at different stages of opening. The owner is continuing to grow the business locations. Whether you like your seafood fried or grilled you will find your favorite seafood choice prepared just the way you like them. Dine-in or take out to share with your favorite person or order for delivery. These locations are popular local favorites. This concept was started in 2004 and despite challenging circumstances driven by Covid in 2020, each store managed to perform well throughout the past year, once again emphasizing the popularity of this family chain. The current owner has significantly streamlined and improved operations over the past year and a half, making this business sale opportunity ideal for any multi-unit operator. The current operating hours are from 11am to 9pm daily and each location is operated with between 8-12 employees for a total of approximately 54 employees. The locations range in size from 1,500 – 3,000 square feet of commercial space in well-trafficked areas. All location offers both dine-in and take-out, and delivery options.

This is a rare opportunity for a multi-unit operator to take over these locations and continue to grow the volume and profitability.

Listing Details

  • Price: $3,100,000
  • Down Payment: $3,100,000
  • Sellers Discretionary Earnings: $786,177
  • Total Sales: $3,453,283
  • Location: Harris County, Texas

  • Inventory: $30,000
  • FF&E: $360,000
  • Employees: 54
  • Year Established: 2004
  • Reason for Selling: Other Business
  • Category: Restaurants
Popular 8 Location Restaurant Chain - Houston

Contact Agent:

John Zarou
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