Profitable Gastro Pub & Sports Bar-6 Yrs. Running

Not Disclosed, TX
Fort Bend County

Asking Price: Annual Revenue:
$315,000 $938,913

Food & Beverage: Bars, Clubs, Nightspots

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RE: Profitable Gastro Pub & Sports Bar-6 Yrs. Running Broker: Lenny Saizan

Quick Facts

Asking Price: $315,000
Annual Revenue: $938,913
Net Profit: Not Disclosed
Cash Flow: $143,336
Total Debt: Not Disclosed
FF&E: $57,239
Real Estate: Not Disclosed
Year Established: 2013
Employees: 11
BBN Listing #: 29844955
Broker Reference #: 6209-15056

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Business Overview:

This restaurant is best described as a friendly neighborhood gastropub and sports bar frequented by many local and repeat customers on a daily basis. The restaurant also regularly attracts new customers and guests of near-by hotels through word of mouth, due to its excellent reviews, food and customer service. The restaurant has consistently grown each of the 6 six years it has been in business. It enjoys a reputation for both a family-friendly environment by day and fun adult gatherings by night. The restaurant frequently provides live entertainment and broadcasts live sporting events, daily. It is also known for its tasty crawfish and seasonal special events.

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Property Features and Assets:

The restaurant is located in a popular strip mall with several other restaurants near-by and along the path of major highways and thoroughfares with popular hotels within walking distance. The interior is perfect for dining and entertainment with seating capacity of 150, a large bar, pool tables and 25 TV screens throughout. There's also a large outdoor patio with seating capacity of 80. Additionally, the facility has audio and video infrastructure to support live entertainment and dancing. Assets=$139,842 All furniture, fixtures and equipment, recipes, etc.

Market Competition and Expansion:

The U.S. restaurant industry is highly fragmented and competitive. However, the restaurant is set apart due to its unique service and operation model of combining as a casual restaurant, sports bar and late night entertainment hot spot. No matter the time of day or occasion, it is always a good choice. It is also a common hot spot for customers attending concerts at the near-by Smart Financial Center. It is a popular pre and post-concert social gathering and eating spot. The restaurant holds one of the only late night entertainment licenses in the area which is restricted to zoning laws. Sales and marketing activities primarily center around social media and web-based advertising. The company advertises on social platforms that include Facebook, Instagram, Google and Yelp. It also invests in search engine optimization technology (SEO) to enhance its presence in online search results. The restaurant consistently maintains 3.5 to 4+ ratings on both Google and Yelp. It also enjoys word-of-mouth advertising and recommendations given to guests that stay at near-by hotels that are walking distance from the restaurant. The company also participates in mobile delivery services such as Door Dash. The Sugar Land population is continuously growing and new development in the area is attracting more residents and businesses that contribute to more potential customers, foot traffic and awareness for the restaurant. The restaurant is often limited only by its seating capacity. Expanding the restaurant by covering the patio or expanding into the adjacent lease space is an option to accommodate growth. The adjacent leased space is currently unavailable, however. Another option for growth is to extend the operating hours. Currently, the business does not open until 3:00 PM Monday - Thursday.

Reason for Selling:

Relocation of the primary managing partner

Additional Details:

  • The property is owned.
  • The owner is not 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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