NOT DISCLOSED, Texas
| Asking Price |
$950,000 |
Year Established |
2023 |
|
| Annual Revenue |
$1,001,783 |
Reason for Selling |
Other Opportunities |
|
| Annual P/L |
$0 |
Attention |
Joseph Kim |
|
| Annual Cash Flow |
$341,642 |
Listing Number |
1004503 |
|
| # of Employees |
9 |
Business Category |
Food & Beverage: Bars, Clubs, Nightspots |
|
Business Overview:
Owner Absentee Non Alcoholic Bar for Sale. This business is a bar without the bar headaches. Similar operations, healthier products, a growing market, and better margins. Customer base mostly consists of upper middle-income individuals that are aged between 30 to 45 looking for healthier alternatives to alcohol. The business does not need special permits or licenses such as a liquor license to operate but does need a health permit and a certificate of occupancy. The business occupies a 1,384 sq ft facility in a retail strip center in one of the busiest areas in Tarrant County surrounded by prominent national retailers. The General Manager handles the day-to-day operations including hiring, firing, scheduling, inventory, etc. The owners oversee the business from an upper management level overseeing financial, payroll and regular meetings with the management via phone and in person. This location is the #1 franchisee in the nation in terms of revenue. There is a lot of potential for growth as the overall market is growing as more and more people are looking for a healthier lifestyle and the younger generation being more health conscious. Although there are competitors, this business offers a wider range of products and strains with a much higher quality compared to the competition.
Property Features and Assets:
<p>Situated near a major highway and surrounded by many prominent national and regional retail stores, the business thrives from high foot traffic around the area. The facility and equipment is less than 3 years old and in excellent condition. / Inventory: $20,000 (Not Included in listed price).<br></p>
Market Competition and Expansion:
<p>Competition: There are competitors but this business offers products that the competitors don't carry and use higher quality ingredients. / Growth and Expansion: The business is still growing organically as there are many people that are not aware of its products. A few ways to increase growth is to offer catering/events with a mobile cart/vehicle for weddings, corporate events, etc.<br><br><br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity