BurgerIM Restaurant for Sale in Prime Katy Location

, Texas 7 views 0 favorites

Financial Highlights
Asking Price
$215,000
Revenue
$350,000
Business Description

****PRICE REDUCED**** This Profitable Halal Burger Restaurant for Sale in the Katy Market area is ready for a new owner. The current Owner runs another full-time consulting business and doesn't have time for both. A new Owner who works full-time at location can expect to earn much higher income. The restaurant is located on a very busy thoroughfare in a premium neighborhood next to Cinco Ranch and is home to Medical Centers, Corporate Offices, National and Local Retail shops, and Schools within a 3-mile radius, which is a perfect opportunity to grow delivery and catering sales. Daily average traffic counts are 15,000+ vehicles per day. The three mile population is in excess of 125,922 residents with an average household income of $137,963. The space is 2,150 square feet and can seat up-to 54 guests inside and additional 24 guests in the outdoor patio. The plaza has more than ample parking for all its tenants and customers. The monthly rent including all CAMS and taxes. Furniture and fixture are all included. The Owner can provide support for 4 weeks. NOTE: This restaurant is Individually Owned and NOT Part of BurgerIM Franchise. For additional information contact us today!! Location: Katy, Texas Year Established: 2019 Number of Employees: 9 Real Estate: Leased Building Sq. Ft.: 2,150 Rent: $5,805.00 Per Month Facilities: All restaurant equipment's (FF&E) are included in the purchase. Website: burgerimkatywestheimer.com/ Market Outlook/ Competition: There are only 4-5 Burger restaurants in the area, and only 3 of them serve Halal food but none of them can match the premium quality and taste of our menu items including Gourmet Burgers, Fried Chicken, Seafood, and Signature Rice items from around the world. Plus our 4.8 * Reviews on Google keeps us at the top of the Google search. Most of our customers who came to us after eating at the other restaurants, vouch to never go back. Growth & Expansion: There is a very high potential for growth both in terms of Total Sales and Profit. Currently, the owner is unable to give more than 15-20% of his time to the restaurant due to being 100% involved in another business. Plus the current payroll is high due to owner not working. Even then over the last 6 months there has been a continuous growth in sales of more than 30% as we have come out of the pandemic.

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: 2 days ago

Views: 7

Favorites: 0