Great BBQ Food. Strong Sales. NE Houston.

, Texas 19 views 0 favorites

Financial Highlights
Asking Price
$245,000
Revenue
$585,600
Business Description

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF#76931-315328 This business started in September 2014 and was taken over by the present owner in March of 2017. This barbeque restaurant was well established and had a good name and reputation, and the current owner has maintained very high standards and is very involved in the community. Their strong reputation is built on integrity, cleanliness, awesome homemade food, and love for their customers. It has an indoor seating capacity for 45, with additional outdoor seating, and drive-thru service. One of its strong suits is its location in a shopping center anchored by a strong popular and prominent grocery chain With minimal competitors in the area. This has allowed the owners to grow the brand over the years to its current revenue of close to $600,000. This restaurant is located in the Northeast Houston market area, in one of the fastest-growing school districts in the state of Texas. Location: Texas Number of Employees: 8 Real Estate: Leased Building Sq. Ft.: 2,100 Rent: $3,675.00 Per Month Lease Expiration: 6/29/2024 Facilities: This business was established in September 2014. It was run by the family and the present owner took over on March 1, 2017. This barbeque restaurant was well established and had a good name and reputation, so the current owner decided to keep the name and only change the spelling. This restaurant maintains very high standards and is very involved in the community. Their strong reputation is built on integrity, cleanliness, awesome homemade food, and love for their customers. The owner took the business from a ~$350-375K a year revenue to ~$600k gross sales in 2020 by focusing on keeping high standards, and projects continued strong growth in 2021. They are located in one of the fastest-growing school districts in the state, offering continued opportunity for growth. All this has been accomplished while only being open 8 hrs a day, 6 days a week (48hrs week). There is more opportunity to have breakfast sandwiches/tacos, open on Sundays, as well as staying open past 7 pm. A major grocery chain that is the anchor in the center, has plans soon to convert this current location to a super store and that will include incorporating their new look throughout the center incorporating all the businesses in the center. The current owners would like to focus on family and transition to retirement. Shopping Center with Major Grocery Anchor Market Outlook/ Competition: The population in and around the restaurant area is the primary target for this business. This includes daily workers, commuters, and schoolteachers, public service employees, as well as families stopping by to dine in, and for take-out family meals. Anchored by a popular major grocery chain, that is in preparation to convert to a superstore that should increase the current high traffic flow. Growth & Expansion: Proactive marketing methods are needed to fully maximize the potential of this business as well as continued community involvement and support. Other marketing enhancements could include the increased use of social media, paid search, organic search, and SEO. Additional opportunity to create a stronger website and online presence to elevate this concept to the next level. With a strong focus on local marketing and community involvement, the opportunity exists for continued growth. Opportunity to implement delivery service to meet the growing demand for this service in the industry. Other opportunities exist in extending the hours of operations to include breakfast and service after the current seven (7 pm) close time, as well as opening on Sundays.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 1 day ago

Views: 19

Favorites: 0