Huge Price Drop On This Wine Charcuterie And Sandwich Restaurant!, Spring, TX 77388
- Retail properties & Spaces
- 1,406 SF
Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Huge Price Drop On This Wine Charcuterie And Sandwich Restaurant!
- Year built
- 2023
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This established wine bar and charcuterie restaurant in The Woodlands, Texas, presents a fantastic opportunity for a new owner. Located in a trendy area, this 1,406 square foot space boasts a meticulously designed interior, perfect for hosting various events. The current lease extends until October 20, 2027, with options for renewal. The business includes a comprehensive inventory of equipment, from ovens and coolers to POS systems and digital menu boards, along with charming décor elements like an Instagram booth and lounge chairs. The asking price is $175,000, with owner financing available requiring a $50,000 down payment. The business generated $277,239 in gross revenue. The sale includes two weeks of on-site owner support and four weeks of phone support. The seller is motivated to transition to a new career. This is a unique opportunity to acquire a profitable, well-equipped restaurant in a high-growth area with potential for expansion. The business is not eligible for SBA or traditional financing. The current lease rate is $3,632 per month. The restaurant has seating for 34 guests and employs four people. The business model is easily replicable, offering potential for franchising.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Spring
- County
- Montgomery
- State
- Texas
- Longitude
- -95.4673
- Latitude
- 30.0571
