Sports Bar Restaurant Houston - Perfect loc. for Nat'l Chain/Franchise

Houston, TX (Harris County)

Sports Bar Restaurant Houston - Perfect loc. for Nat'l Chain/Franchise

Asking Price:$500,000

Cash Flow:N/A

Gross Revenue:$1,289,466

EBITDA:N/A

FF&E:$472,772

Inventory:$14,000

Established:2010

Sports Bar Restaurant Houston - Perfect loc. for Nat'l Chain/Franchise

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Business Description

Currently popular sports bar and restaurant in North Houston, this is the perfect location for a national chain/franchise to come in and benefit from the over $1mil investment seller made in opening it up and the incredibly upscale locale! Minutes away from the new Exxon Corporate HQ complex, this area has over 150K daytime population within a 5 sq mile area. Restaurant seats over 175 customers who can view any one of the 65 High Definition TVs throughout the restaurant, not to mention the 4 huge projection screens! Absentee owner is motivated, although landlord requires a national chain/franchise to take over the lease assignment. Please refer to CBB Listing #7833MB

Attached Documents


Detailed Information

Inventory:
Included in asking price
Employees:
11Ft; 21Pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4789SF facility in shopping center
Growth & Expansion:
Working owner will increase revenues and decrease costs
Support & Training:
Seller will train
Reason for Selling:
Partner dissolution

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Frank & Rose Stabler

Business Listed By:
Frank & Rose Stabler

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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