Group of Houston-Based Full-Service Restaurants For Sale
For Sale in Houston, TX
Financial & Assets Details
About the Business
Business Description
This offering is a collection of four Houston-based restaurants, hereinafter combined and referred to as "the company", operating collectively as well as independently across two different concepts.
Key aspects
· Established presence in the surrounding areas of Houston
· Robust operational culture inside the company with numerous years of experience in the restaurant industry
· Currently has four popular locations in the Houston area
· Excellent brand recognition among local market
· Strong management and loyalty across all four operations
Opportunities
· Strong revenue growth potential for all four restaurants
· Continued expansion in Houston and surrounding areas through the addition of more comprehensive leadership
· Build upon social media and digital presence to increase patrons
· Ability to implement major technological capabilities, resulting in significant marketing savings
Current markets
· The company serves a wide demographic of customers in several cities in the surrounding areas of Houston.
Real estate
· Three of the four restaurants operate out of high-traffic strip centers while the fourth operates out of one of Houston´s most recently developed mixed-use developments. All four locations are leased from unrelated third parties.
Shareholder/owner objectives
· The primary owners are approaching retirement and would like to simplify their portfolio of businesses. They both prefer to sell the companies as a group and are open to multiple deal structures. They are also open to a short transition with the new owners.