Profitable Unique Neighborhood Restaurant & Bar

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$499,000 $1,475,000

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Profitable Unique Neighborhood Restaurant & Bar Broker: Robert Latham

Quick Facts

Asking Price: $499,000
Annual Revenue: $1,475,000
Net Profit: Not Disclosed
Cash Flow: $298,900
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2008
Employees: 26
BBN Listing #: 542144107
Broker Reference #: 76931-708254

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Business Overview:

Neighborhood Sports Oriented Restaurant & Bar in northwest Houston, geared towards active sports enthusiasts and family activities. Steady growth of top and bottom lines. Great reviews and well known in the community. Full liquor license, fully equipped kitchen, lots of outdoor activities. New offering for 2019 will boost revenues and profits significantly. Great facility and grounds on a desirable site makes this a good long-term value with the potential for real estate appreciation. Real estate recently appraised for asking price of $2.175M

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Reason for Selling:

Retiring

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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