Live Music Venue, Successful Bar, Upside Potentita

Not Disclosed, TX


Asking Price: Annual Revenue:
$795,000 $935,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Live Music Venue, Successful Bar, Upside Potentita Broker: Jason Carmichael
Owner Financing is Available!
350000.00

Quick Facts

Asking Price: $795,000
Annual Revenue: $935,000
Net Profit: Not Disclosed
Cash Flow: $225,000
Total Debt: Not Disclosed
FF&E: $42,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 378350429
Broker Reference #: 52941-946216

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Business Overview:

TRANSWORLD BUSINESS ADVISORS OF NORTH DFW LISTING REF #52941-946216

This popular neighborhood bar near Denton, Texas, features some of the best local bands and live music in the area. The friendly atmosphere attracts customers from the local neighborhoods, but people come from all over the North Metroplex to hear the popular entertainers. This bar has been in business for eight years, under the current ownership, and has had consistent growth each year, except during the Covid pandemic crisis when all bars were mandated to shut down. However, since re-opening, the business came roaring back as loyal patrons flocked to their favorite bar for fun, food, and great music. The sale of the business includes the sound stage and audio-visual equipment as well as the kitchen equipment.

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Reason for Selling:

Semi-retirement

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.

Relevant Links:

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