The Only Neighborhood Bar & Grill In Area Established

Tarrant County, TX

Seller Financing Available
The Only Neighborhood Bar & Grill In Area Established
Contact Seller

Asking Price: Get Financing: $365,000

Cash Flow: $210,000

Gross Revenue: $900,000

EBITDA: N/A

FF&E: N/A

Inventory: $25,000

Lease Rate: $6,890 /Month

Established: 2016

The Only Neighborhood Bar & Grill In Area Established

Get Financing Save Print Share Valuation Report

Business Description

NEIGHBORRHOOD BAR & GRILL

This bar makes a great profit every month. This establishment has a very very loyal customer base. Literally, when our doors open at 11am, folks are waiting to come in. WE ARE JUST LIKE THE CHEERS BAR! We are the only bar In the city excluding a BBQ place and small chain restaurant bar. Our kitchen serves fantastic food and the staff I have in place knows how to run things perfect. Therefore, you could be a partial absentee owner, however, it is important to keep a eye on inventory and the weekly cash. The POS sytem used, gives very detailed reporting, cutting down on possible waste or theft.
This bar offer's karaoke on Tues,Fri and Sat, poker tournaments on Mon & Wed and a live band on some Thursdays, all have a following! There is NOTHING you will need to do when buying this ongoing business other then obtain a liquor permit while using mine under a TABC transfer contact. The day you close is the day you will make money.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,000
Lease Expiration:
4/24/2024
Employees:
7
Facilities:
Everything inside the building is owned except direct tv boxes which are rented and the vending such as jukebox, pool tables and golf game.
Competition:
There are 2 restaurants that have small bars in them, a BBQ place and small chain restaurant with a very small bar. We are the only NEIGHBORHOOD TRUE BAR in the city!
Growth & Expansion:
There is room for growth via marketing, the only marketing I do is on Facebook, which does work. I had a car show and it was the biggest profit day we had, I would recommend doing a car show every month in the cooler months. This bar will not make you millions, but you can put over $200k in your pocket every year if you keep things the way they are running now.
Financing:
Will finance $65,000 with signed agreement
Support & Training:
We will support and train you as long as needed. If you have never been in the business before and need to call for assistance 6 months after you buy, we will be here to help. Again, the staff is in place to run this bar.
Reason for Selling:
Was silent partner, bought out partner, need to focus on my fire fighting
Contact Seller

Contact the Seller

Contact Seller Loading

Business Listed By:
james cashion

Show Phone Number

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1546501 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Luciano Italian Restaurants

Franchise Opportunity In TX
Capital Required: $250,000