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Bar for Sale In Texas Generating Strong Sales - Full Restaurant

Lewisville, TX (Denton County)

Bar for Sale In Texas Generating Strong Sales - Full Restaurant
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Asking Price: $129,000

Cash Flow: $0

Gross Revenue: $540,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $9,159 /Month

Established: 1918

Bar for Sale In Texas Generating Strong Sales - Full Restaurant

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Business Description

Buy this 4,000 square foot Bar for Sale and Restaurant in downtown Lewisville and get in on the incredible revitalization project going on in the city. The city's future plans are big and so can be your sales!
This is already a “happening” Bar for Sale with a great local following because of its cool vibe, excellent food, good times and good music. The possibilities are unlimited when you take over this location and be part of the ongoing city growth, offered by We Sell Restaurants!
This Bar for sale and restaurant is averaging $45,000 per month in sales with an absentee owner. A full-time owner operator should be able to double sales and generate a six-figure income. Rent is reasonable, just over $9,000 for this restaurant this size in this location and the landlord is willing to put a second-floor deck on the building.
This Bar for sale and restaurant has the fully-outfitted commercial kitchen includes a 6 burner w/30” flat top double oven unit, a single door oven with flat top and broiler, walk in freezer, walk in cooler , 4 double door refrigerators one single door freezer, ice maker, a 6' sandwich cooler, 3-table top steamers, 2 fryers , 9 TVs, 2-8'beer coolers, 2-4'beer coolers, a full stage and front and rear patio seating areas.
You can keep the existing concept or bring you own. The newly renovated interior reflects the historic Art Deco style of the surrounding area with a Texas nod to the decadence of the roaring 1920s. The restaurant offers the choice to connect with friends around the bar for sale, observe passers-by along Main Street from the lounge section, admire the athletics in the plaza from the back patio, challenge friends to a game of pool, shuffleboard, corn hole or darts, enjoy music or events on the stage or watch the art of cooking as it occurs through the open-kitchen dining area.
Expect hundreds of customers from the Wayne Ferguson Plaza directly out back which has a free concert series every Tuesday in June and July featuring the “Sounds of Lewisville”. And there's First Friday events every month brining out thousands of locals enjoying the area to this Bar for Sale. Additionally, every Saturday there's “Art Pop-Ups” with the League of Lewisville and art forms including painting, music, performance, etc.
Wayne Ferguson Plaza is a 1.5-acre urban park and community gathering located directly behind this bar for sale. Directly across the street from the park is Lewisville City Hall and the Medical City Lewisville Grand Theater (a 40,000-square-foot public arts center) and is adjacent to the historic Main Street commercial district.
All of that adds up to an incredible future when you buy this Bar for Sale.

Detailed Information

Location:
Lewisville, TX
Real Estate:
Leased
Building SF:
4,300
Lease Expiration:
12/31/2023
Employees:
14
Facilities:
Walk in freezer Walk in cooler 4 double door refrigerators 1 single door freezer Ice maker 4 foot sandwich cooler 3 foot sandwich cooler 6 foot sandwich cooler Three table top steamers 2 fryers Dishwasher 9 TVs Two 8 foot beer coolers Two 4 foot beer coolers Security cameras Full stage Front and rear patio seating
Competition:
City of Lewisville economic plan 2025
Growth & Expansion:
City sponsors over 100 events literally in our back yard
Reason for Selling:
Retirement
Business Website:
http://www.wesellrestaurants.com
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Robin Gagnon

Business Listed By:
Robin Gagnon

We Sell Restaurants

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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. 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. Indicates membership in The Georgia Association of Business Brokers (GABB).


Sponsoring Broker:
Eric Gagnon

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