Downtown Houston Bar & Lounge - Priced to Sell!

Houston, TX (Harris County)

Bar and Lounge
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Asking Price: $55,000

Cash Flow: $18,000

Gross Revenue: $180,000



Inventory: $4,500

Lease Rate: $2,500 /SF

Established: 2017

Downtown Houston Bar & Lounge - Priced to Sell!

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Business Description

Small cute bar & lounge in near downtown Houston located on the Feeder street of 59 South.  The semi-absentee owner uses promoters to market the business on Facebook and other websites.  Each night has a unique theme concept such as Poetry Night wherein professionals and armatures preform poetry, Dress Up Saturdays, and Good Vibes Fridays. 

The customers are a mixture of Urban, Hispanic, and White. They have the licenses for selling beer, wine, & mixed drinks, as well as a late hours permit.  This place is ready for a new owner and their input regarding a successful concept that will work at this location which could include an after hours hot spot.

The price for this bar is a fraction of what it would cost to open a similar bar from scratch.

Detailed Information

Included in asking price
Real Estate:
Building SF:
Lease Expiration:
1,200 sq. ft. leased space
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Absentee Owner
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Contact the Seller

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Jeff Jones

Business Listed By:
Jeff Jones

Texas Broker

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