Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Top Rated Scalable Pub And Restaurant With Bar For Sale

Frisco, Texas
Asking Price:
$1,850,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,400,000
Cash Flow:
$350,000

MegaBite Restaurant Brokers LLC offers, for your ownership consideration a well-established, scalable old world pub offering excellent full-service foods and beers. The restaurant features beer and foods that are regularly changed with seasons, community events and trends. The loyal and dedicated customer base comes from two distinct groups: nearby businesses and local residences. Businesses provide a strong happy hour and lunch crowd and the local residents round out solid dinner and weekend sales. Special food events and beer tapping attract both local and destination customers, plus the business is located along a high traffic count road.
Nearby businesses are high income earners and an educated group that focuses on hobbies (beer and food) that are more cerebral and frequent locations that are cozier (pub) than ‘meat-market’ bars. Local residents can afford the high cost of area housing and tend to consume a higher proportion of their meals outside of the home due to time constraints (longer work times, kids, other responsibilities).
The pub is famous for its beer, food, service and atmosphere. The restaurant is well-established with strong management in place. Many growth opportunities exist to expand the current business, increase profits and build catering.
The owner feels that a major advantage over competitors is the seniority and experience of their employees. The owner states that the management and kitchen team are professional, well-experienced and are a major asset to the company. The customers are happy with the service and food. The owner feels that they can be replaced by a hard-working owner who is dedicated to the company. The owner states that the landlord will offer a long-term lease plus renewal options to a qualified tenant. The business has EXCELLENT books and records.
The asking price for the assets of the business is $1,850,000 with $500,000 down and SBA bank financing to a qualified purchaser. The Seller will consider up to $185,000 seller financing to a purchaser qualified and approved by the Seller. The assets include inventory at cost of $30,000 and FFE (Furniture, Fixtures and Equipment) valued at $110,000.
We know about many businesses that are for sale but might not be advertised. Check out for more information
KEYWORDS: pub sportsbar beer whiskey liquor alcohol craft beer garden draft craft billiards pool grill taproom roadhouse rathskeller alehouse gin mill saloon barroom lounge public house hostelry tavern inn local neighborhood lounge country microbrewery brewery bartender monty python cowboys rangers dallas stars NFL NBA Soccer NHL ESPN games superbowl stanley cup Sell my pub Restaurant For Sale

Property information

Real Estate:

Lease

Lease Terms:

The restaurant consists of ~4,468+/- SF offering inside seating plus patio for outside seating. The floorplan consists of multiple open dining areas, large open walk-up ordering/service area, large open fully-equipped kitchen-prep area, office, dry storage, restrooms, walk-in coolers, bar area, open kitchen. Facility is leased for $14,162/mo +NNN. The landlord will offer a long-term lease plus renewal options to a qualified tenant.

Leasehold Rent:

14,162 +NNN per annum

Premises Details:

The restaurant consists of ~4,468+/- SF offering inside seating plus patio for outside seating. The floorplan consists of multiple open dining areas, large open walk-up ordering/service area, large open fully-equipped kitchen-prep area, office, dry storage, restrooms, walk-in coolers, bar area, open kitchen. Facility is leased for $14,162/mo +NNN. The landlord will offer a long-term lease plus renewal options to a qualified tenant.

Business Operation

Expansion Potential:

This is a strong location with high volume and excellent potential. A new owner can continue to grow the business and profits in several ways including 1) continuing the current, effective marketing program, 2) social media marketing including Facebook, Yelp, etc, 3) email marketing, 4) expand catering, 5) expand/promote patio, 6) scale business models to other locations and geographic markets

Competition / Market:

The food service industry is very competitive, and this pub restaurant is no exception. The local market has a range from small local mom & pop’s to large international food chains. HOWEVER, the Owner feels that no area restaurant bar offers the food quality, entertainment, atmosphere, patio, capacity and sheer enjoyment of this business.

Reasons for selling:

Retirement

Employees:
30+
Years established:
9

Other Information

Support & training:

The seller wishes to ensure a seamless transition with a purchaser and will train a buyer for up to 4 weeks included in the purchase price. The seller is willing to remain for a longer period of time, in a consulting role, if desired by a purchaser, at mutually agreed compensation.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Price $1,850,000: $500k dn, bank financing, up to 10% Seller financing

Furniture / Fixtures value:
$110,000 - included in the asking price
Inventory / Stock value:
$30,000 - included in the asking price
Related Documents:

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Adam Noble Group. For more information about how we use your data, read our privacy policy.

Selling a business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here