Listing Number: 76931-831762
Description
Priced to sell quickly! This sports bar and grill opened in 2019 and is located in a busy area of North Houston.
The atmosphere has a modern and spacious feel plus an outdoor patio. Menu items include 50 beers on tap and delicious cocktails along with burgers, wings, nachos, salads, and more. What a great place to hang out with family or friends and watch your favorite sports on one of many big screen tv's!
The bar has 5,375 sq ft and is located in an area with excellent demographics, visibility, and traffic counts. The monthly rent (including CAM) is $19,078. Sales for 2023 were approximately $870,000. Currently, the business is not profitable so it's being sold at less than asset value. We're looking for an experienced restaurant/bar operator or buyer with marketing experience that can take this business to the next level!
The listing price includes over $100,000 in FF&E, $300,000 in Leasehold Improvements, plus $15,000 in Inventory. There are 20 employees including 2 managers on staff. The owner will provide 2 weeks of training to ensure a smooth transition. Additional time is available upon request. The current owners are selling this business in order to relocate.
Increased marketing and menu improvements will help increase revenue going forward. There are also strong delivery and catering opportunities in the area. This business is not a franchise so buyer can change menu or concept if desired.
Listing Details
- Price: $95,000
- Down Payment: $95,000
- Sellers Discretionary Earnings: $0
- Total Sales: $872,140
- Location: Harris County, Texas
- Inventory: $15,000
- FF&E: $100,000
- Employees: 20
- Year Established: 2019
- Reason for Selling: Relocation
- Category: Liquor Related Biz,Restaurants
