Latin Fusion Cuisine & Wine Bar

Houston, TX

Latin Fusion Cuisine & Wine Bar


Both stylish and profitable, this Latin Fusion Restaurant & Wine Bar has become a popular venue in the Katy area since recent and extensive remodeling by the current owner.  Appealing to the upwardly mobile young professional, and discerning diners alike, this intimate, 50-seat restaurant provides gourmet fare and a constantly changing specialist wine selection.  Family reasons are forcing owner to sell prematurely but would consider remaining as a wine consultant and helping to continue the expansion of the corporate events and wine tastings aspect of the business.



Location

Country:

USA

State or Province:

TX, AL

City:

Houston

Location Zip or Postal Code:

77494

Listing Information

Service Type:

Sit-Down Table Service, Catering

Title of Listing:

Latin Fusion Cuisine & Wine Bar

Year Established:

2017

Number of Locations:

1

Number of Seats:

51-150

Size:

1390, Square Feet

Patio:

No

Number of Employees:

Less than 10

Hours of Operation:

Mon - Sunday 11am - 10:30pm

Reason for Selling:

Family Obligations

Owner Operated or Absentee Owner or Flexible:

Flexible

Training Provided:

Yes

Financial Details

Asking Price:

$375,000

Gross Revenue:

180,000

Gross Revenue Range:

Under $500,000

EBITDA Range:

Under $100,000

SDE (Sellers Discretionary Earnings):

$180,000

SDE Range:

$100,000

FF&E Value (Furniture Fixtures and Equipment):

150,000

FF&E Value (Furniture Fixtures and Equipment) included in price:

Yes

Inventory Estimated Value:

$4000

Inventory Value included in price?:

Yes

Asset or Share Sale:

Asset

Real Estate Owned or Leased:

Leased

Total Monthly Rent:

$2,900

Contact Listing Owner