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- RE: Restaurant, Grocery Store, Meat Market, & Bakery
- Contact: Samir Gandhi
Quick Facts
Asking Price: | $489,000 | |
Annual Revenue: | $1,573,517 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $400,716 | |
Total Debt: | Not Disclosed | |
FF&E: | $400,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2022 | |
Employees: | 12 | |
BBN Listing #: | 979424 | |
Broker Reference #: | 76931-213447 |
Business Overview:
Kabab Restaurant & Grocery Store, with Halal Meat Market & Bakery
Very Profitable Fresh Kababs Restaurant, Halal Meat Market, and Grocery Store for Sale. This business is located on a major thoroughfare in Houston and has a great menu and reputation.
Over $525,000 was invested in improvements and FF&E, including almost all new equipment. The sale also encompasses the inventory of the grocery store, restaurant, and meat market, valued at more than $30,000 (to be purchased separately) , significantly enhancing the purchase!
The entire trained team will stay behind to help the new Owner take the business to new higher levels. The business is very profitable, with three major revenue streams. The current owner has added a party hall adjacent to the Restaurant and Grocery Store. This brings additional revenue stream via rental as well as on site party and catering business.
Seller is willing to provide Seller's financing up to $100,000 for the right buyer. The only reason it is for sale is a dispute amongst partners.
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Property Features and Assets:
Monthly Rent: $9,000.00
Square Units (Foot, Meter): 3,000
Lease Expiration Date: June 30, 2028, 12:00:00 AM
Terms Options: TBD with Landlord
Facilities:Restaurant and Meat Market
Party hall / storage additional option to be reviewed with the Seller
FF&E Overview:
3 brand new AC units total 14 ton with 5 years warranty.
3 exhaust fun for vent hood and oven.
Separate transformer for unit 200 and 300.
Brand new Meat Grinder with 3 years warranty.
Brand new Meat cutter with 3 years warranty.
5 ft grill brand new
Stainless steel dish rack
Display cooler for meat.
Double door freezer.
Double door cooler.
2 heavy duty rack for meat inside the cooler.
Dish washer
2 of 8ft stainless steel racks.
two landlines with 4 hand phone portable.
21 Security Cameras.
2 21 inches TV.
2 65 inches TV.
Baxter Oven Brand new with 5 years warranty single rack.
Dough Mixer.
Tandoor (Round bread baking ground natural gas oven)
Counter top double door cooler.
Counter top 3 door cooler with salad bar.
Grill with six burners and oven.
Flat Grill.
Charcoal Grill.
stainless steel table under flat Grill.
12 ft Vent hood.
4 ft vent hood.
4 big natural gas burners for large size cooker.
two Fryers big
Commercial Microwave.
Fruit Mixer.
Carrot Slicer.
two heavy Duty shelves in the kitchen.
Ice Machine.
Gondola shelves in the Grocery.
Single door glass display cooler with warranty at the restaurant area.
Register Counter tables.
2 Double Door Coolers glass door for display.
2 double door freezers for display.
one 6 ft vegetables display.
Miscellaneous.
FF&E General Condition: Good and all operational (some still under Warranty)
Market Competition and Expansion:
Competition:
There are various sit-down and fast-food restaurants offering a range of ethnic cuisine in the surrounding neighborhood. These establishments specialize in fresh and halal options, including dishes like Kebabs, Naan, and Afghan and Indo-Pakistani food. Additionally, they provide groceries and fresh halal meat, making it convenient for one-stop shopping. This variety enhances both the dining and shopping experience in the area.
Expansion:
With the right and active management, a new buyer can effectively manage and turn this already profitable business into an even more profitable venture.
Due to increasing popularity in the community and the marketplace, the owner decided to add an extra hall to provide a more comfortable dining environment. The current business plan includes renting out this additional space for small parties and family events, aiming to generate additional rental and catering revenue.
Additional marketing with strong focus in catering can add revenue growth. The Grocery store needs further additional varieties to increase the sales.
Reason for Selling:
Partnership dispute / RelocationAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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