Profitable Unique Neighborhood Restaurant & Bar

Houston, TX (Harris County)

Profitable Unique Neighborhood Restaurant & Bar
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Asking Price: $499,000

Cash Flow: $298,900

Gross Revenue: $1,475,000

EBITDA: N/A

FF&E: $100,000

Inventory: $5,000

Rent: $8,160 /Month

Established: 2008

Profitable Unique Neighborhood Restaurant & Bar

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Business Description

Neighborhood Sports Oriented Restaurant & Bar in northwest Houston, geared towards active sports enthusiasts and family activities. Steady growth of top and bottom lines. Great reviews and well known in the community. Full liquor license, fully equipped kitchen, lots of outdoor activities. New offering for 2019 will boost revenues and profits significantly. Great facility and grounds on a desirable site makes this a good long-term value with the potential for real estate appreciation. Real estate recently appraised for asking price of $2.175M

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,827
Lease Expiration:
N/A
Employees:
26
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
2 weeks
Reason for Selling:
retiring
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Bob Latham

Business Listed By:
Bob Latham

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. 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.


Sponsoring Broker:
Gerald G. Brisson, CBI, M&AMI, CMAP

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