popular North Dallas Bar in Trendy Neighborhood

Not Disclosed, TX
Dallas County


Asking Price: Annual Revenue:
$490,000 $525,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: popular North Dallas Bar in Trendy Neighborhood Broker: Brian Martin

Quick Facts

Asking Price: $490,000
Annual Revenue: $525,000
Net Profit: Not Disclosed
Cash Flow: $115,000
Total Debt: Not Disclosed
FF&E: $150,000
Real Estate: Not Disclosed
Year Established: 2013
Employees: 9
BBN Listing #: 707050077
Broker Reference #: 41041-198806

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Business Overview:

Popular North Dallas Bar in Trendy Neighborhood - Great opportunity

This freshly renovated Dallas Texas neighborhood bar and restaurant in a highly populated and growing trendy area of Dallas Fort Worth. This bar has been in business for 8 years and has had consistent growth each year except for 2020. Since re-opening, the business came roaring back even stronger with sales up 26% over pre 2020 years. The loyal patrons returned to their favorite bar for fun and great music with popular karaoke nights two times each week. New renovations with liquor and late night license and over $150,000 upgrades including new AC system with improved insulation, wood patios, upgraded bathrooms, exclusive party / poker room and totally separate bar for private rental or open as stand-alone social / cigar bar. 51% authorized liquor, beer and wine versus food sales allows alcohol to exceed food sales without limits. Great for private parties and sports enthusiasts. Additional patio seating that could exceed more people. Full service kitchen has significant sales growth potential and is available for big events with American and other more international cuisines.

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Market Competition and Expansion:

Kitchen has capacity for significant growth, increased private party reservations

Reason for Selling:

Retirement

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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