Drink Taylor #1 Bar, Dance Bar in Taylor Motivated To Sale Yesterday

Taylor, TX (Williamson County)

Can provide a lot of pictures upon request 512-552-2198
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Asking Price: Get Financing: $85,000

Cash Flow: $7,000

Gross Revenue: N/A

EBITDA: $17,000

FF&E: $140,000

Inventory: $8,000*

Lease Rate: $0.54 /SF/Month

Established: 2018

*not included in asking price.

Drink Taylor #1 Bar, Dance Bar in Taylor Motivated To Sale Yesterday

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Business Description

Hello, I have opened one of the best bar/nightclub in Taylor Texas. A must see. We are very busy catering to different types of clientele. We have theme nights like Karaoke on Thursdays, Dance to Fun music on Fridays, Bands and DJ on Saturdays. There are other nights that has potential to build, also potential to add food for more revenue. Drink Taylor Grand Opening day was May 5, 2018. I am sure your question is why am I selling so soon after opening, I Live over an hour away, extremely hard to commute back and forth, also I have some family issues that is forcing me to sell, Asking price was $225K, now very motivated to sell @ $85K, Lowest Rent for Bar in Taylor, can discuss with serious buyers.

THE DRINK TAYLOR DIFFERENCE:

We have designed our bar with a New Orleans pub style bar layout. A huge Stage in the front of the building with two double doors that can open to enter or stand out side stage. Our bar has state of the art sound and lighting system to give you this amazing dance club feel. We carter to a older crowed that likes to drink.

Our Rent is $2000 a month Plus Low NN. Building insurance, water, electricity.
04/01/2018 11/30/2018 2,000.00 +NN
12/01/2018 11/30/2019 2,100.00 +NN
12/01/2019 11/30/2020 2,205.00 +NN
12/01/2020 11/30/2021 2,315.00 +NN
12/01/2021 11/30/2022 2,431.00 +NN

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,714
Lease Expiration:
5/31/2023
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Everything you see you will come with the Purchase Asset Agreement. 3 keg fridges 12 taps Double Glass Door Fridge Single Glass Door Fridge 3 compartment reach in cooler mini stainless fridge, mini freezer Salad Fridge Ice Machine Merrychef Oven Double counter fridge (in storage room) Margaritaville (mix drink blender) Single sink 3 compartment Sink 2 wine racks 27 Bar Stools 10 high tables 9 regular tables 14 high quality stone top tables 87 chairs Pool Table coin operated Fooseball Table red sectional sofa, black sectional sofa, bl
Competition:
For 2016 (record) Taylor Total Population 16,982, household income $48,143K, next door to Taylor is Hutto TX with population of 23,832 (2016 record) House hold income is $72,543
Growth & Expansion:
Since Texas Beer Company has opened in Taylor Texas Back in 2016, The establishment has opened new doors to the entertainment district on 2nd Street in Taylor Texas. Texas Beer Company is located right across the street, know to be a destination that is local brewery. Also we have Muellers Barbecue that is internationally know to be the best barbecue in America. Black Sparrow, a music venue pallor, Train Station, a unique type of club catering to all types of functions.
Support & Training:
You will receive Two Weeks Training.
Reason for Selling:
Live to far to commute and manage. Business interrupting my family time!
Business Website:
http://Drinktaylor.com
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Business Listed By:
Tarek Boulbol

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