Listing Number: 76931-834212
Description
This restaurant is well established and has been in the Katy area for many years. The business is in a prime commercial, restaurant and retail area. The restaurant is in a free-standing building with excellent street frontage and visibility. The owner has maintained and replaced all equipment and fixtures over the years. Current technology is used to assist the owner in business operations.
The restaurant has excellent reviews 4.5 Stars on Google with over 1,000 Reviews. In addition, the business has a significant following base on Facebook with more than 5k followers along with an average of 4.5-star review. The restaurant offers a Texas casual comfortable vibe with a menu full of family favorites.
The owner is looking to retire. The revenues and profits continue to grow and with a strong take-out business survived the pandemic. Revenues for 2021 were $1.78M with sellers’ discretionary earnings $441K.
Listing Details
- Price: $ 1,500,000
- Down Payment: $1,500,000
- Sellers Discretionary Earnings: $ 441,000
- Total Sales: $ 1,780,000
- Location: Fort Bend County, Texas
- Inventory: $ 12,500
- FF&E: $ 197,000
- Employees: 38
- Year Established: 2002
- Reason for Selling: Retirement
- Category: Restaurants
