Bar And Grill In Tarrant County For Sale

Business description

This booming bar/grill is a terrific local hang-out that needs a new owner. Established in 2004, the bar has been a local favorite since it first opened its doors and, when the current owner took over in March 2009, its already good revenue saw a 25-30% increase that continues to grow. The bar has everything a great bar/grill needs, in addition to the super cash flow, and its owner is now ready to retire. Housed in a 6000 square foot leased, free-standing building, the bar comfortably seats 200, has two 9X9 rolling doors that open to a wrap-around patio, and it has ample parking to meet patrons’ needs. The lease expires in March 2019. A TABC license is required. Customers are primarily local area residents, but there is also good traffic from people on their way to and from the lakes, especially on weekends, and from commuters who stop by on their way home. The warm décor is inviting, and the friendly, casual atmosphere one enjoys in a good bar combined with excellent music and additional popular activities easily encourages repeat business. Food sales alone have doubled in the past year. Nightly sales average $2000 and revenue continues to increase, with there being a documented 25-30% increase in sales and profit over last year. It is run by its owner who works full time in the business. He is assisted by a staff of 18 full time employees, all of whom are expected to remain with the business.

Property information

Size in square feet:

6,000 sq ft

Business Operation

Reasons for selling:

Retirement

Employees:

18

Years established:

2004

Other information

Support & training:

Seller will assist with transition