Property summary
This thriving Italian restaurant in Cypress, TX, presents a unique turnkey opportunity. Boasting 3,800 square feet, this established eatery features a beautiful bar and lounge, creating two distinct revenue streams. The spacious interior comfortably seats 70 guests, complemented by outdoor patio seating. The fully equipped kitchen includes a six-burner stove with oven, double stack Blodgett gas ovens, a flat top, grill, deep fryer, walk-in cooler, and ample prep space. A comprehensive inventory of equipment is included, from barware and dishware to POS systems and kitchen appliances. Currently operating Tuesday-Saturday for dinner, significant growth potential exists by expanding hours and days of operation. The restaurant enjoys a strong customer base and benefits from a full liquor license. The asking price is $459,000, with a monthly lease rate of $6,250. The lease is month-to-month and a new lease will be negotiated for the buyer. Financial records show a gross revenue of $520,605 and a cash flow of $136,877. The seller is relocating and will provide support for a smooth transition. This is an exceptional opportunity for an experienced restaurateur seeking a profitable, established business with significant upside. Established in 2015, the restaurant currently employs nine people. The property is located in Harris County, TX, zip code 77429.
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6 recent transactions · within 1.5 miComparable in this City
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Property description
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