12116 Westheimer Rd Houston, TX 77077
- Commercial real estate
- 2,550 SF
Current Use by Public Records
- Drunken Boat / Seafood Restaurant
Property Details for 12116 Westheimer Rd
- Property size
- 2,550 SF
- Property type
- Commercial real estate
Description
This exceptional opportunity presents the acquisition of Drunken Boat, a thriving seafood restaurant located at 12116 Westheimer Rd, Houston, TX 77077. Boasting 2,550 square feet of space, this single-tenancy business is offered at $90,000. The current lease, commencing October 1, 2023, and expiring October 31, 2028, provides a secure 4-year remaining term. The business features a high-quality menu focused on fresh, premium seafood and lobster, catering to diverse preferences. Drunken Boat benefits from a strong brand reputation, evidenced by positive online reviews and a loyal customer base. Significant revenue growth potential exists through avenues such as catering, delivery services, or franchising, alongside targeted marketing and promotional strategies. This turnkey operation offers a compelling investment for an experienced restaurateur seeking a well-established, high-performing business in a prime Houston location. The price per square foot is $35.29. The business is known for its lobster rolls and seafood boils. Financial details are available upon request. This is a business-only sale.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Houston
- County
- Harris
- State
- Texas
- Longitude
- -95.5936
- Latitude
- 29.7368