Premier Wine Bar & Restaurant in Cypress Area - Turnkey & Profitable

Houston, TX (Harris County)

Premier Wine Bar & Restaurant in Cypress Area - Turnkey & Profitable
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Asking Price: $375,000

Cash Flow: $188,302

Gross Revenue: $1,129,116

EBITDA: N/A

FF&E: $640,500

Inventory: $15,000

Established: 2016

Premier Wine Bar & Restaurant in Cypress Area - Turnkey & Profitable

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Business Description

Fresh opportunity to own the premiere wine bar in Cypress! This full service bar and restaurant is located in one of the highest foot-traffic community shopping centers in Northwest Houston with multiple national and regional tenants. The space was built from scratch with no expenses spared on the buildout or the equipment in the back of the house and it shows! Patrons enjoy unique views from the designer inspired space or the 1000SF patio while enjoying a full selection of wines, beer and spirits in addition to a wide variety of food options. The owners of this business are currently running the business semi-absentee with a general manager and chef manager that will both stay in place – although it would greatly benefit from an active owner operator. This business is profitable, has a professional and beautiful build out AND is priced at well below the replacement cost. Take this turnkey business and make it your own! Please refer to CBB Listing #8193

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Detailed Information

Location:
Houston, TX
Inventory:
Included in asking price
Employees:
18ft
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3278sf facility in shopping center
Growth & Expansion:
Owner-operation would increase revenue. Increase community involvement and marketing.
Support & Training:
Sellers will train
Reason for Selling:
Sellers need to spend more time at their other business closer to home
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(from currently available funds)
 
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Frank & Rose Stabler

Business Listed By:
Rose Stabler

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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