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Sports Bar And Pub For Sale On Major Freeway
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $887998
Net Profit / Cash Flow $148773
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2007
Number of Employees 10 - 19
Inventory 135167
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Seller will train.
Reason for Sale Too far from other stores to manage.
Description Hereeees an opportunity to make a killing just by showing up to work! This sports bar & pub in North Houston has great sales numbers but needs a good owner/manager to run the show. Sales have consistently run over $800k per year totally absentee and would have a healthy net profit if costs could be kept under control. The location is incredible as it sits on the feeder road of a major freeway and is in a complex with like-kind businesses. This bar is fully packed with 25 TVs, tons of seating and more vending options than the average patron can handle. There is a stage for music performances and is located in a part of Houston where smoking is still allowed inside, a HUGE benefit! This is part of a multi-location chain of bars and the owner just can't handle this location in addition to the others because of the distance from the others (closest is 40 miles away) The seller will discuss a licensing agreement to keep the current name if the new owner wishes. This location does more Golden Tee sales than any of the others in this chain and could have a larger upside if a new owner concentrated on drawing that crowd. Seller will consider financing a portion of the sales price to a qualified buyer - please be discreet when visiting. Please refer to CBB Listing #7458RDE
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