Beach Themed, Full Service Restaurant & Bar
Location Texas,United States
Asking Price Range $250K - $500K
Gross Revenues $1100000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2011
Number of Employees 35 - 49
Inventory 360000
Relocatable No
Number of Employees 35 - 49
Real Estate Leased
Training Seller will provide training
Reason for Sale Retirement & Other Business Interests
Description This beach themed sports bar & grill has been a popular destination among the locals since opening in 2011. Sales are building strong right from opening, which are currently tracking at $100K plus per month. Considering ownership is effectively absentee with zero restaurant experience the results achieved in less than 10 months indicate extraordinary upside for an experienced operator.
Over 25 TV's for game nights, fantastic themed bar, live music on selected nights combine to make this the place to be. Existing and skilled management in place to run the business. Owner is selling due to retirement and wants to focus to his other business interests.
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