Business for Sale Overview:
** ON HOLD DUE TO EXPANSION ** Profitable! Neighborhood Restaurant/Bar For Sale. This stellar business enjoys many middle & upper middle class regular customers (average customer age = 30 Plus). It is well known in North Dallas Metroplex for exceptional food at Pub prices; has a full bar; and new modern computerized jukebox, pool table, Darts, Golden Tee, etc. Open Mon-Fri 11am-12am; Sat 9am-1am; Sun 9an-12am. Manager on staff. After only a year in operation, the business is doing well primarily through word of mouth alone! Advertising just started 2 months ago. Is a Must See opportunity. Sale is Confidential! The sales numbers are based on actual for March 2008-March 2009. This offering is structured as an asset sale. This is neither an offer nor a solicitation to sell securities.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
4,305 square feet at $7,175 base plus NNN. Lease expires February 28, 2013. New total remodel was done only one (1) year ago -Very upscale and well appointed interior. Draws customers from the Frisco, McKinney and North Plano area.
Market Competition and Expansion:
The surrounding area is growing. There is not nearly as much competition for this venue as in other areas of Dallas Fort Worth. New ownership could expand its marketing program. Less than $6,000 was spent in the first year of operation. A Dallas Morning News ad program recently began at $875 per month. More catering accounts could be solicited and different marketing could be done. A solo musician may bring in additional customers.
Reason for Selling:
New Restaurant/Bar opening in Fort Worth
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.