Price Drop On This Fully Equipped Local Favorite With Great Lease! Cypress, TX 77429
- Retail properties
- 3,200 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Price Drop On This Fully Equipped Local Favorite With Great Lease!
- Year built
- 2016
- Property size
- 3,200 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional restaurant opportunity in Cypress, Texas presents a fully equipped, 3,200 square foot end-cap space with a large patio. Located in a high-traffic area of Harris County (zip code 77429), this established business boasts a loyal customer base and strong revenue history, generating $832,275 in gross revenue. The current lease extends until April 29, 2032, with a monthly rent of $4,987. The well-appointed interior includes seating for 114 guests and a fully equipped kitchen featuring a walk-in cooler, freezer, POS system, grill, griddle, two fryers, a four-burner stove with oven, warming drawers, hood system, ice machine, stainless steel worktables, and ample prep space. The expansive patio offers significant untapped potential for outdoor seating. This turnkey operation presents a unique opportunity to capitalize on existing success or implement new concepts. Significant growth potential exists through the addition of a beer/wine/liquor license and expansion of catering services. The sale includes all existing equipment and fixtures. The seller is motivated and is offering this business at a reduced asking price of $249,000. The business currently employs 13 people. This is an asset sale, and seller financing is not available. The building was constructed in 2016.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cypress
- County
- Harris
- State
- Texas
- Longitude
- -95.6668
- Latitude
- 30.0141
