Listing Expired

Business For Sale

Food & Beverage: Bars, Clubs, Nightspots

Sports Grill & Bar in Exploding Woodlands/Spring

Houston Area, TX

Asking Price: Annual Revenue:
$895,000 $1,823,905

Business Overview:

Fantastic opportunity to acquire a 12 month established bar already producing $1.5 million in sales and growing. Located in the exploding Woodlands/Spring area, this bar is poised to continue its increase with Exxon Mobil’s recent addition of tens of thousands of new jobs, in addition to the other large companies moving into the area. The owners invested almost $700k into buildout and equipment into this location and it shows. Multiple TVs on every wall and a wide selection of food, liquor and games make this the perfect regulars spot. Everything from the bar stools to the décor are high quality, no expense was spared in the construction. The bar is overlooking a very high traveled road right off a major freeway in a nice shopping center. There is an option for a patio upfront, although this area of town allows for smoking inside. The classy crowd here is every bar owner’s dream, good looking people and big partiers! The numbers speak for themselves – there are very few opportunities to purchase a bar with this type of return in this area of town! Sellers will consider owner financing for a well qualified buyer.

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Property Features and Assets:

5,040 Sq. Ft. facility in shopping center.

Market Competition and Expansion:

Market to large oil & gas companies moving / add more drink specials / focus on customer service.

Reason for Selling:

Partnership dissolution.

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.

Request More Information
Contact the Seller

RE: Sports Grill & Bar in Exploding Woodlands/Spring Broker: Ryan DeGennaro Certified Business Brokers
Owner Financing is Available!
Seller financing available.

Quick Facts

Asking Price: $895,000
Annual Revenue: $1,823,905
Net Profit: $489,053
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $698,500
Real Estate: Not Disclosed
Year Established: 2011
Employees: 15
Listing Number: 527813260

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