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Texas Business For Sale |
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| BAR/LOUNGE |
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| Attn: Darren Squires |
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| Dallas County, TX, USA |
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| Asking Price: |
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$525,000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Bars, Clubs, Nightspots |
| Reason for Selling: |
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Owner wants to pursue other opportunities |
| Year Established: |
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2003 |
| # of Employees: |
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15 |
| Yearly Revenues: |
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$736,350 |
| Yearly Cash Flow: |
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$216,962 |
| Yearly Net Profit: |
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$196,962 |
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Business for Sale Overview:
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Bar/Lounge for Sale in the highly popular Lower Greenville restaurant and bar area. Current owners have turned this weekend hot spot into an automated money maker. Current operation structure only requires about 20 hours a week involvement by the owners, mainly taking care of bookkeeping and general management tasks. New owner would have great opportunities to grow business as 90% of current revenue happens between 11 pm & 2 am on Fri. & Sat. and great patio is underutilized.
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Property Features and Assets:
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Assets=$251,700; |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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