Long Standing Sports Bar and Restaurant

Dallas, TX
Dallas County

Asking Price: Annual Revenue:
$389,408 $862,196

Food & Beverage: Bars, Clubs, Nightspots

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RE: Long Standing Sports Bar and Restaurant Broker: Darrow Graham

Quick Facts

Asking Price: $389,408
Annual Revenue: $862,196
Net Profit: Not Disclosed
Cash Flow: $171,677
Total Debt: Not Disclosed
FF&E: $264,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 11
BBN Listing #: 986852115
Broker Reference #: 69071-630932

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Business Overview:

Busy sports bar in a highly populated and growing area of DFW with live music four nights per week. New renovations with liquor and late night license and over $264K upgrades including new floors, stage lighting and exterior sign. 51% authorized liquor, beer and wine versus food, sales allows alcohol to exceed food sales without limits. This is the only bar in the area that stays open until 2:00AM. Great for private parties and sports enthusiasts. 180+ /- occupancy. Permitted for patio seating that could exceed 50 more people. Full service kitchen for big events with American and other international cuisines. This private bar has over 26,000 members in the database with 11,000+ active members.

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Started in 2001 as a restaurant and bar. Became a private club, sports bar and club. The current owner renovated the bar and entertainment venue 2019. Redesigned the venue with new architectural concept for for bigger and better entertainment and events including weddings, Christmas parties, large sports events. Improved cost of goods on alcohol and food sales. Replaced large TV's and stage and stage lights. Competitive Overview The only bar in town that is open until 2:00AM. High volume and high margin alcohol sales with special license. They host many of the most popular bands in Dallas/Ft. Worth with large following and all types of music.

Potential Growth: Add Patio dining and alcohol service to increase capacity. Increase catering and events. Open at 11:00AM seven days a week.

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Reason for Selling:

Other business interests.

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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