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Bar & Grill For Sale Must Sell
Location Texas,United States
Asking Price Range < $250K
Gross Revenues $391080
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1985
Number of Employees 6 - 9
Inventory 75000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will provide on-site training after purchase, assist in securing retention of employees and transfer of supplier relationships, provide on-call telephone assistance after completion of training and sign a no competition agreement.
Reason for Sale Absentee owner with several other business interests desires to divest
Description Well known 27+ year old, bar & grill for sale located in a very large industrial/manufacturing district on a high traffic road connection into Las Colinas from I-35 in northwest Dallas. Has a neighborhood feel with a core group of regulars who have frequented the business for many years. Full kitchen with excellent food. The kitchen basically runs itself as the current kitchen staff in place has also been with the business for many years. Sales can be increased by extending the hours to 2 a.m. instead of 11 p.m. Business needs an aggressive, promotion minded individual who is willing to work as a full time, owner/operator on-site to get sales up and labor costs in line to make sense.
Extremely motivated situation. The seller is in his sixties and is retired having made substantial income from either ownership or absentee interests in several food & beverage establishments over the years. Not in a position to run the business full time and has not been able to find a manager to run the day to day responsibilities. Would rather sell the business and open the window for someone who sees and understands this opportunity. Asking price is $95,000. SERIOUS INQUIRIES ONLY!
For more information on this bar & grill operation, please contact Stocker Travis at 972-783-1662
Click Here To Contact Seller
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