Business For Sale

Modern Style Sport Tavern w/ Patio #000553

Not Disclosed, TX
Tarrant County

Northeast Fort Worth

Asking Price: Annual Revenue:
$475,000 $596,452

Food & Beverage: Bars, Clubs, Nightspots

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RE: Modern Style Sport Tavern w/ Patio #000553 Broker: Emilio Marin
License #: 567204
Owner Financing is Available!
100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.

Quick Facts

Asking Price: $475,000
Annual Revenue: $596,452
Net Profit: Not Disclosed
Cash Flow: $67,800
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2014
Employees: 8
BBN Listing #: 838319188
Broker Reference #: 000553

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Business Overview:

Prime location sports bar open for 7 days a week placed next to the busiest intersection in the city is available for acquisition. This business was originally established in 2014 by the current owner of the business. Competition is expected for this type of business industry, but this business is known in the area for their great relationship with the local community and has a more variety in their selection of alcoholic beverages. Most of the customers are middle to upper-class individuals from the surrounding densely populated residential neighborhoods and oncoming traffic in the intersection. Net sales average was $560,000year that has been steadily increasing throughout the last several years of operation by social media marketing and word of mouth. Although some marketing has been utilized by social media outlets and word of mouth from the local individuals, other proactive marketing tactics is needed to generate more cash flow and acquire new customers. There are many ways to proactively market this business such as direct mailing, newspapers, delivery services, 3rd party delivery service, door hangers, hire additional staff and placing a manager in the business. Owner involvement is crucial to the further development of this business, but placing manager to take over most owner involved jobs will help the owner focus more on marketing to grow the sales. An assortment of products are provided at this business that can range from appetizers, salad, soup, tacos, quesadillas, burgers, sandwiches, mac & cheese and desserts. This business has everything in place for a potential buyer to be proactively marketing this business while being fully involved in the day-to-day business operation.

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Property Features and Assets:

This business is located in a 3,500 Square Feet retail strip center surrounded by densely populated residential neighborhoods and numerous retail businesses that brings consistent customers to the area. All equipment is in impeccable condition and in working order. / Inventory: $6,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: Few competitors are within the immediate market area, but these competitors lack in selection of alcoholic beverages that this business already provides. / Growth and Expansion: Some marketing is done through social media outlets and word of mouth, but other proactive marketing methods is needed to generate more cash flow and acquire new customers.

Reason for Selling:

Retirement / Burnt Out.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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