Fully Equipped Turn-Key Space Ready For A New Owner!, Richmond, TX 77406
- Retail properties & Spaces
- 1,600 SF
Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Fully Equipped Turn-Key Space Ready For A New Owner!
- Year built
- 2020
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional turnkey restaurant opportunity in Richmond, Texas, is priced to sell at $104,900. Located in a high-traffic area with ample retail and master-planned communities, this 1,600 square foot establishment boasts a modern design and seating for 50 patrons. Built in 2020, the restaurant features a fully equipped kitchen including a walk-in cooler, two fryers, a flat-top grill, oven, and various prep stations. Additional equipment includes a Hobart meat slicer, soft-serve machine, and multiple freezers. The current lease expires October 30, 2025, with a monthly rent of $4,872. The restaurant generated $235,000 in gross revenue. The seller is retiring and is not offering support. This is an ideal opportunity for a new owner to step in and immediately begin operations, avoiding the typical delays and expenses associated with starting a new restaurant. The business is not a franchise and is not an asset sale. While traditional SBA financing is unavailable, unsecured lending options may be available for qualified buyers. This is a rare chance to acquire a well-established, profitable restaurant in a prime location. The current owner is retiring and is ready to pass the torch to a new owner. The restaurant is ready for immediate operation.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Richmond
- County
- Fort Bend
- State
- Texas
- Longitude
- -95.8037
- Latitude
- 29.6506
