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    Retail properties & Spaces

    0 Italian Restaurant For Sale With Beautiful Bar And Lounge!, Cypress, TX 77429

    3,800 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 3,800 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
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