Historic Bar, Restaurant and Live Music Venue

Not Disclosed, TX
Ellis County


Asking Price: Annual Revenue:
$740,000 Not Disclosed

Food & Beverage: Bars, Clubs, Nightspots


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RE: Historic Bar, Restaurant and Live Music Venue Broker: Pam Vincent

Quick Facts

Asking Price: $740,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: $221,901
Total Debt: Not Disclosed
FF&E: $90,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 20
BBN Listing #: 624350429
Broker Reference #: 52941-567771

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Business Overview:

This iconic restaurant, bar and live music venue offers a Hill Country feel nestled in the Dallas/Fort Worth metro area. The restaurant is the go-to place to eat, drink and mingle for the locals, and a popular destination place from all over central Texas. Popular touring country and western stars highlight a vibrant music scene at this historic venue. Listen and dance to "LIVE" country music every Friday and Saturday night. Well-known bands have taken the stage with state-of-the-art sound equipment including Ray Wylie Hubbard, Doug Stone, Wade Bowen, Cody Jinks, Koe Wetzel, Cody Johnson, Bellamy Brothers, Jake Worthington, Joey Green, Neon Prophets, Waylon Pierce, The Midtown Playboys and more! Wednesday nights feature Pool League and Texas Holdem. Karaoke, dance and request music Thursdays!

THIS LISTING HAS REAL ESTATE: Listed for $2,470,000 and includes the restaurant and bar, which sits on ~1.18 acres of land and a side lot for overflow parking of ~1/2 acre. The building's square footage is 9,288 s.f. on the first floor and 3,100 square feet second floor/storage/office area. Over the years, the restaurant and bar have had many upgrades in the bar, kitchen, stage area, and outdoor seating area. In 2020, they closed during COVID lockdown and did many upgrades to the kitchen, waiting area and bar including new refrigerated cooler, new refrigerator, upgrades to floors, wall, equipment, and plumbing, and newly installed and repaired air conditioning units.

Listing includes approximately $90,000 in FF&E, plus extensive sound and stage equipment of over $100,000.

The restaurant and bar are currently only open 29 hours a week Wednesday through Saturday evenings and Sunday lunch through dinner. Huge opportunity to open for extended food service for breakfast, brunch, and lunch.

This is a must-see opportunity with a rich history, huge growth opportunities, and many intangibles making this a great investment and a rewarding experience for the new owners.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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