A Must See Turnkey Bar & Lounge In Prime Location

Not Disclosed, TX
Fort Bend County

Asking Price: Annual Revenue:
$150,000 $469,310

Food & Beverage: Bars, Clubs, Nightspots

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RE: A Must See Turnkey Bar & Lounge In Prime Location Broker: Lenny Saizan

Quick Facts

Asking Price: $150,000
Annual Revenue: $469,310
Net Profit: Not Disclosed
Cash Flow: $58,382
Total Debt: Not Disclosed
FF&E: $15,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 9
BBN Listing #: 6414955
Broker Reference #: 6209-15301

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Business Overview:

Murphy Business Sales is excited to offer a 5 star rated, well-designed, upscale and sophisticated cocktail lounge and wine bar for sale in Fort Bend County, Texas. It is evident upon entering the venue that this is not your typical cocktail lounge. The venue includes a 16 ft over-sized bar that comfortably seats 15. The bar is designed with the customer in mind, including large bar stools, granite counter top, purse hooks and USB and electrical receptacles to accommodate mobile devices. There are TV monitors throughout the venue with excellent views from every seat and table in the lounge. In addition to bar seats, the lounge includes plenty of additional seating, including high-top tables, lounge chairs, love seats and booth style benches. The lounge also offers seating areas that provide a level of privacy, including a private event room that seats 20 - 25. There is also a coffee lounge, patio and 16 private wine lockers for customers to store their personal favorites.

The lounge frequently provides live entertainment including pianists, jazz musicians, bands, singers and disc jockeys. The lounge includes a piano, entertainment lighting and sound system. The in-house sound system is controlled and operated by ipad.

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Property Features and Assets:

Since opening its doors in 2017, patrons have gathered all days of the week to enjoy cocktails, wines, draft beers and bar-bites. The lounge is frequented by local residents but attracts patrons from all around the city. The lounge provides a great atmosphere to socialize, conduct business meetings, enjoy music and watch your favorite team compete, all under one venue. The bar is always stocked with a wide variety of liquors, wines, draft beers and spirits to accommodate all tastes and preferences. The venue includes a small kitchen that is used to prepare bar-bites and appetizers. On occasions, the lounge offers catered food from local vendors and once per month, it offers a jazz brunch. Assets=$125,000

Market Competition and Expansion:

The venue enjoys very little competition as there are very few venues in the area that offer live music in an upscale lounge setting. The lounge is located in a high growth area in Fort Bend, one of the state's most populous and wealthiest counties. Whether you choose to target the business' existing customer base and demographic or change entertainment themes / genres, or services, the lounge provides the infrastructure and foundation to support continued growth for years to come.

Reason for Selling:

Other interests.

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.

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