Profitable Country Bar in East Houston - Absentee Operated

Harris County, TX

Seller Financing Available
Profitable Country Bar in East Houston - Absentee Operated
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Asking Price: $150,000

Cash Flow: $83,503

Gross Revenue: $568,944

EBITDA: N/A

FF&E: N/A

Inventory: $2,000*

Established: N/A

*not included in asking price.

Profitable Country Bar in East Houston - Absentee Operated

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Business Description

Excellent Deal! Recurring Revenue, Clean Facility, Potential to Add Expand Food

Popular country-western bar and dance hall located on the east side of Houston. Annual revenue exceeding $600,000. The facility is approximately 6,200 sq. ft. and sits on over 2 acres of land and includes stand-up bars, pool tables, and a performance stage. Strong customer loyalty. Great internet reviews, excellent social media presence, and website. Business is absentee-owned with a management team in place. Priced for a quick sale. Real estate is not included in the price but is also available at buyer's option for an additional $800,000.

Detailed Information

Location:
Harris County, TX
Inventory:
Not included in asking price
Employees:
5
Financing:
50000.00
Support & Training:
2 weeks
Reason for Selling:
other interests
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Contact the Seller

(from currently available funds)
 
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Gerald G. Brisson, CBI, M&AMI, CMAP

Business Listed By:
Gerald G. Brisson

Transworld Business Advisors

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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. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. 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. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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