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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   >>   Texas Businesses For Sale Categories   >>   

Bar / Pub For Sale - Established 35 Years

Location  Texas,United States
Asking Price Range  < $250K
Gross Revenues  $151040
Net Profit / Cash Flow  $30615
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1978
Number of Employees  4 - 5
Inventory  52000
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Reason for Sale  Owner moving out of state.
Description  Excellent opportunity to acquire a 35 year old pub in Southwest Houston at an extremely low price. It's small size makes for an easy to manage operation (current owner is absentee) and allows for easy cash-flow with minimal management responsibilities. The space features an open dance floor, stage for live music, plenty of seating and income producing vending machines. The pool tables, jukebox and 8-liners pull in consistent weekly cash which has all been well documented. Revenues could be greatly increased with a small investment in more vending machines, and by targeting the neighborhood demographic, which the current owner is not doing. There are a few very successful nightclubs surrounding this one which are catering to the local needs and thriving. An owner operator would dramatically increase the net profit as many of the expenses would be cut from the current absentee owner. This is the perfect opportunity for someone new to the business (owner will provide training) or for an operator who wants a ''hands off'' location that generates cash. With new changes, the owner feels you can get a full return on your investment in the 1st year. Full inventory of beer, wine & liquor included. Act fast on this deal!
Click Here To Contact Seller

    

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