Established Bar - Priced to Sell

San Marcos, TX (Hays County)

Established Bar - Priced to Sell
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Asking Price: $75,000

Cash Flow: N/A

Gross Revenue: $159,000

EBITDA: N/A

FF&E: $43,000

Inventory: $7,000*

Rent: $5,200 /Month

Established: 2012

*not included in asking price.

Established Bar - Priced to Sell

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Business Description

College town bar with over $200,000 in build out is for sale at a bargain price. The seller has a day job which prevents active ownership. He is ready to sell for pennies on the dollar invested in this great location. Make an offer!

Detailed Information

Location:
San Marcos, TX
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,408
Lease Expiration:
5/31/2019
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Great bar with custom serving system, 2 pool tables, 7 TV's in shopping center located of main street through Texas State University. Neighborhood is mainly apartments for college students.
Competition:
There are some other bars in the area, but not as close to campus as this one.
Growth & Expansion:
An active manager should be able to boost sales with specials and marketing.
Support & Training:
Seller will have manager transition for 2 weeks.
Reason for Selling:
Owner has day job which does not allow for marketing and evening participation.
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Contact the Seller

(from currently available funds)
 
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Clarence Griggs

Business Listed By:
Clarence Griggs

Griggs Business Brokers

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Memberships & Certifications:
The TABB Certified Business Broker certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the TABB.

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