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- RE: Well Established Sports Bar And Grill
- Contact: Stevan Perez
Quick Facts
Asking Price: | $150,000 | |
Annual Revenue: | $176,186 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $74,742 | |
Total Debt: | Not Disclosed | |
FF&E: | $15,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 2018 | |
Employees: | 4 | |
BBN Listing #: | 952047 | |
Broker Reference #: | 76931-893527 |
Business Overview:
This business makes for an excellent opportunity for an already established bar owner who wants to grow their portfolio. This business has enormous potential and is located at a busy intersection. While the business can be operated with absentee ownership, it is ideally suited for someone who wants to be actively involved in its management. The property includes a second floor that can be rented out for small parties and gatherings, complete with tables, chairs, a jukebox, and a pool table. Despite minimal marketing efforts, the business has performed exceptionally well. With a new owner skilled in marketing and advertising, the potential for success is significant. The Bar & Grill features small TVs at each table for enhanced viewing pleasure and a large screen in the center of the bar for displaying music videos. With offering delicious food including has tacos, hot dogs, wings and much more this business is a favorite of the local community.
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Property Features and Assets:
Monthly Rent: $2,200.00
Square Units (Foot, Meter): 1,280
Lease Expiration Date: May 26, 2025, 10:00:00 PM
Terms Options: 3-5years
Market Competition and Expansion:
Competition:
Very few competitors in the area. With this area growing the Sports Bar has situated themselves has the go to place for any sports related events.
Expansion:
o Highest Growth Area in the RGV
o Population growth in the area
o Very few competitors in the area
o Very accessible to the customers
Reason for Selling:
Wants to focus on his FamilyAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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