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Restaurant with Huge Potential near Beaumont, TX!

Restaurant with Huge Potential near Beaumont, TX!

Property Overview

Price/Rent PSF $ 1,300.00
Asset Type Retail
Trade Type Lease
SQ. FT. Available 1
Date Available 02/29/2020
Search Demographic Data LandCheck
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Description

Sales are currently $20,000 per month at 70% margin! Net profit is currently over $60,000 per year after all expenses, rent, and over $5,000 in monthly payroll! Owner-operator can bring home more than $90,000 per month! Asking only $65,000 + inventory! High traffic volume for this area. Easily accessible to Hwy 73 and Hwy 87. The area is growing rapidly with the addition of new homes, and new businesses. Located in Orange County and near the Texas-Louisiana border. Well known for the area refineries, industrial, and retail opportunities. The industry promotes the economy and keeps population growth steady. 1 and a half hours from Houston! 30 Minutes from Beaumont, TX! Driving distance to the gulf! Location is adjacent to one major retail business. Other retail and office in this area are CVS Pharmacy, Walgreens, 5Point Credit Union, H&R Block, Edward Jones Investment, Wellspring Credit Union and many more. High Traffic Count at over 20,000 cars per day! Rent is only $1,300 per month! Asking price only $65,000 + inventory! A steal of a deal! Approximately $2,500 in inventory.

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