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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Bars and Nightclubs Businesses For Sale Categories   >>   

Adult Club Business For Sale, Bar Business For Sale, Bar Restaurant Business For Sale, Brew Pub Business For Sale, Gentleman Club Business For Sale, Irish Pub Business For Sale, Night Club Business For Sale, Pub Business For Sale, Sports Bar Business For Sale, Strip Club Business For Sale, Tavern Business For Sale

Sports Bar / Music Spot Nightlife Avenue

Location  Texas,United States
Asking Price Range  $250K - $500K
Gross Revenues  $745860
Net Profit / Cash Flow  $157103
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2010
Number of Employees  10 - 19
Inventory  179676
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Reason for Sale  Owners are undercapitalized.
Description  Check out the most beautiful sports bar & music venue on Houston's party avenue which is now available for acquisition. This superb location offers several hot music acts each month, attracts sports enthusiasts with multiple TVs and provides a full food menu that very few locations on this street can match. Many corporate parties & events are booked here as it has not only the space to hold everyone, but the capability to serve fantastic food in a quality atmosphere. All of the hard work has been done by the present owners; the location is now at profitability and has built a huge following even on the notorious slow nights of the week. No expense was spared in the buildout, you'll find everything from top notch brick & woodwork to the finest kitchen equipment money can buy. There is a large patio in front of the business overlooking the most highly foot-trafficked portion of the street. The owners are selling far below their cost to build as they are too undercapitalized in their personal lives to continue on. A long-term lease is in place and can be extended if new owner wishes. The net income advertised is based on the four slowest months of the year, as the summer months approach sales will grow tremendously (as last year's numbers clearly show the seasonality). Based on last year's earnings & this year's projections, there is a good chance the new owner can pay off the bar in one year at the current asking price. Very few businesses offer this kind of opportunity!
Click Here To Contact Seller

    

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