Houston Area Restaurant For Sale With Over $1 Million In Sales! Spring, TX 77379
- Retail properties
- 3,500 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Houston Area Restaurant For Sale With Over $1 Million In Sales!
- Property size
- 3,500 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Spring
- County
- Harris
- State
- Texas
- Longitude
- -95.5302
- Latitude
- 30.0314