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    12116 Westheimer Rd Houston, TX 77077

    Sponsored
    For Sale
    $90,000

    Established Houston Seafood Business - High Revenue Potential

    Property size:
    2,550 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional opportunity presents the acquisition of Drunken Boat, a thriving seafood restaurant located at 12116 Westheimer Rd, Houston, TX 77077. Boasting 2,550 square feet of space, this single-tenancy business is offered at $90,000. The current lease, commencing October 1, 2023, and expiring October 31, 2028, provides a secure 4-year remaining term. The business features a high-quality menu focused on fresh, premium seafood and lobster, catering to diverse preferences. Drunken Boat benefits from a strong brand reputation, evidenced by positive online reviews and a loyal customer base. Significant revenue growth potential exists through avenues such as catering, delivery services, or franchising, alongside targeted marketing and promotional strategies. This turnkey operation offers a compelling investment for an experienced restaurateur seeking a well-established, high-performing business in a prime Houston location. The price per square foot is $35.29. The business is known for its lobster rolls and seafood boils. Financial details are available upon request. This is a business-only sale.

    Property Features for 12116 Westheimer Rd

    General Information

    Property type
    Investment properties
    Square Feet
    2,550 SF

    HighLights

    • High revenue potential through catering, delivery, and franchising.
    • Increase sales with targeted marketing, promotions, and events.
    • High‑quality seafood menu with diverse options.
    • Strong brand reputation with loyal customers and positive online reviews.
    Property Profile Location Intelligence

    Current Use by Public Records

    Drunken Boat Seafood Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Houston
    County
    Harris
    State
    Texas
    Longitude
    -95.593601695626
    Latitude
    29.736783316811

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    FAQs

    What type of property is this?
    Investment property - Established Houston Seafood Business - High Revenue Potential
    Where is this investment property located?
    The property is located at 12116 Westheimer Rd Houston, TX.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: High revenue potential through catering, delivery, and franchising.; Increase sales with targeted marketing, promotions, and events.; High-quality seafood menu with diverse options.
    Request Owner's contact information
    12116 Westheimer Rd Houston, TX 77077
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    Houston, TX 77077
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12116 Westheimer Rd Houston, TX 77077
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