Restaurant and Bar for Sale in Lubbock Texas

Lubbock, TX
Lubbock County


Asking Price: Annual Revenue:
$250,000 Not Disclosed

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Restaurant and Bar for Sale in Lubbock Texas Broker: Robin Gagnon

Quick Facts

Asking Price: $250,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2021
Employees: 11
BBN Listing #: 32448096
Broker Reference #: 9353

Email or Print Listing

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Business Overview:

Two for the Price of One! Do you have big plans for your future? Always dreamed of owning your own restaurant? Purchase this turn-key Restaurant and Bar for Sale in Lubbock today, and be in business for yourself by next month! You’ll have everything you need for success with this fully outfitted kitchen with all equipment in place! Two Separate Restaurant Spaces for less than the price of a buildout of one! Full Liquor License already in Place

It can take up to 6 months or longer for a new restaurant owner to open the doors. The time spent waiting on equipment, space and other necessities means that many are left with an empty wallet or less than ideal conditions when they start out- thus putting them at risk for failure before even getting started! When you purchase this Restaurant and Bar for Sale you skip the wait, and are in business for yourself in a matter of weeks!

This opportunity has a few key items that make it such a great choice. The area is growing fast. Lubbock is a great place for launching your new business. This 4,700 square foot space that houses this Restaurant and Bar for Sale has a monthly rent including CAMS, Taxes, and Insurance of just $9,800 for both spaces. The lease has a term valid through 2029 with two 5-year options remaining. We Sell Restaurants can help you navigate the leasing process. This is a perfect location for your restaurant. You can't beat the visibility and accessibility!

This Restaurant is Essentially two for the price of one! One side is setup as bar, and the other is setup with current concept of Pizza & Wings. Keep the current concept and change to your own branding, or complete change it all with your own new concept! The seller just spent WAY more than he is asking for this newer buildout - his loss is your gain! This is a great start-up opportunity, this Restaurant and Bar for Sale is fully equipped with equipment that's not even broke in yet!

At this price, you won’t want to miss out on this Restaurant and Bar for sale. Traditional SBA financing is not available on this purchase however, with a credit score of 680 or above you might qualify for an unsecured lending option from some of our lending partners.

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.

Property Features and Assets:

48 custom chairs and stools 12 custom wood tables 4 double door refrigerators 91 inch bar back cooler 91 inch 8 tap beer cooler Double Deck Marsal Pizza Oven 4 burner range with griddle Dough mixer 40 qt 70 inch salad table 71 inch pizza prep table 5 stainless steel work tables 5 epoxy storage racks 3 compartment bar sink 3 compartment kitchen sink 72 inch tvs Bar Equipment List 82 inch bar back cooler 52 custom bar stools and seating 2 75 inch tvs 13 custom tables

Reason for Selling:

Personal

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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