Italian Restaurant For Sale With Beautiful Bar And Lounge! Cypress, TX 77429
- Retail properties
- 3,800 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Italian Restaurant For Sale With Beautiful Bar And Lounge!
- Property size
- 3,800 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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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Location Insight
- Map
- Local Demand
- City
- Cypress
- County
- Harris
- State
- Texas
- Longitude
- -95.6668
- Latitude
- 30.0141