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Business For Sale

Upscale Nightclub/Bar in Midtown Houston

Houston area, TX

Food & Beverage: Bars, Clubs, Nightspots

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$175,000
$362,750
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
$74,000
Not Disclosed
2010
4
759313260

Business Overview:

Here’s a unique, upscale nightclub in Midtown Houston which has everything going for it. An extremely popular destination for the last few years, this place is consistently shoulder-to-shoulder packed for its music performances as well as weekend DJ performers. It is wildly popular with its patrons not only because of its free parking (very rare in this area), but because it offers one-of-a-kind performances, 3 fully stocked bars inside, a huge dance floor & stage, and several VIP sections with private rooms. A fenced ‘patio area’ in the rear can even be used for outside parties because of the bar’s location – which is not done anywhere else in Houston. The inside has recently gone through a large renovation where the owner spared no cost. The lease also includes all utilities and a billboard rented at $350/mo which hangs directly overtop one of the busiest freeways in Houston – you can’t beat advertising costs like that! The bar averaged just above $30K gross per month in 2011. Real estate is available for an additional $460,000. Please refer to CBB Listing #7405RDE

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:

4,924 square feet facility in office building

Market Competition and Expansion:

Continue mass marketing efforts, bar popularity is on its way up.

Reason for Selling:

Too many partners involved in business.

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.

Resources: