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    Retail properties & Spaces

    0 Houston Area Restaurant For Sale With Over $1 Million In Sales!, Spring, TX 77379

    3,500 SF
    Property ID
    Property summary
    AI-generated overview

    This thriving Chinese restaurant in Klein, Texas, presents a unique investment opportunity. Established in 1998, this 3,500 square foot eatery boasts over 25 years of serving traditional Chinese cuisine in a high-traffic area surrounded by residential and commercial properties. The restaurant comfortably seats 75 patrons in its beautifully decorated dining area, featuring traditional Chinese decor, and includes a separate bar area with additional seating. The fully equipped kitchen includes multiple prep areas, walk-in cooler and freezer, wok stations, deep fryers, and ample storage. The current lease expires December 30, 2025, and efforts will be made to secure a new long-term lease for the buyer. The restaurant has generated over $1,000,000 in gross revenue and offers an annual owner benefit exceeding $100,000. The asking price is $250,000 ($71.43 per square foot). The sale includes all existing equipment, fixtures, and furnishings, as listed in the detailed inventory. A credit score above 680 is required for landlord consideration, and the business qualifies for lending with a 20% down payment. This well-established restaurant offers significant potential for growth, including the addition of catering services. The current owner is selling due to health reasons. Located in Harris County, Texas, with a zip code of 77379, this restaurant is a proven success story ready for a new owner to continue its legacy.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 3,500 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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