Houston Galleria Area Sports Bar w/Patio & Lge Pkg Lot - Est 40 Yrs

Houston, TX (Harris County)

Houston Galleria Area Sports Bar w/Patio & Lge Pkg Lot - Est 40 Yrs
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Asking Price: Get Financing: $295,000

Cash Flow: $206,713

Gross Revenue: $1,346,358

EBITDA: N/A

FF&E: $176,000

Inventory: $12,000

Established: 1979

Houston Galleria Area Sports Bar w/Patio & Lge Pkg Lot - Est 40 Yrs

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Business Description

This nearly 40 year old sports bar is centrally located and sits on one of the highest traffic through-streets in Houston. With a large patio, and an even larger parking lot (100+ cars), this European themed sports pub has been an institution in Houston for many years. There is currently a fully equipped kitchen which serves a variety of easy-to-prepare foods. A full selection of liquor, wine and 80+ beer taps provides something for everyone here. The owner will include a storage unit full of extra furniture and supplies, a large tent which covers the patio, a permanently installed gas generator and several other additional items held in storage as part of the sale. The owner has recently done some internal improvements and added additional technology to make the bar more welcoming to both guests and employees. This is a once in a lifetime opportunity to own a bar with a longstanding history in Houston (it has never changed hands in its almost 40-year history)! Please refer to CBb Listing #8054RDE

Detailed Information

Inventory:
Included in asking price
Employees:
3ft; 23pt
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3884sf facility in shopping center
Growth & Expansion:
Owner operator and start advertising (currently none).
Support & Training:
Seller will train
Reason for Selling:
Owner has several other businesses and wants to travel more; 30 yrs in biz
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Frank & Rose Stabler

Business Listed By:
Rose Stabler

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