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Family Friendly Sports Bar And Grill In Texas For Sale

Houston, Texas, US
Asking Price:
$1,500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,038,918
Cash Flow:
$395,299

Family Friendly Sports Bar and Grill in Northwest Houston Area.

This sports bar has become a very popular spot for locals and visitors to the Houston area. With a focus on a lively atmosphere and a simple yet diverse menu, the bar has become a favorite gathering spot for the entire family.

It is the perfect family-friendly neighborhood hangout that has an extensive video arcade area for both kids and adults. This arcade area adds significant cash revenue to the business's bottom line.

This Sports Bar and Grill serves pub-style appetizers, hearty meals, and a variety of beverages, including craft beers and cocktails. When you host a private event, you are assigned a dedicated party helper who ensures your special day goes off without a hitch.

You'll never miss watching any of your favorite sports events again – with 50+ HDTV large screens and video walls with a newly upgraded audio/visual system, ensuring that there is not a bad seat in the house.

Property Information

Real Estate:

Lease

Lease Terms:

Monthly Rent: $16,582.00

Square Units (Foot, Meter): 6,994

Lease Expiration Date: December 31, 2024, 12:00:00 AM

Terms Options: Seller is negotiating lease extension with Landlord

Business Operation

Expansion Potential:

- Increase or refresh the video gaming area to increase cash revenue
- Put more emphasis on the takeout food business
- Increase the patio business by adding patio support
- Begin promoting the new Spring Professional Football Team (Houston Roughnecks)
- Begin promoting the World Cup taking place in North America (Official watch central for the US National team and other favorite Country Teams with Heavy populations in Houston
(Brazil and Mexico)

Competition / Market:

- Family Friendly Sports Bar Environment
- Kid and Adult Menu
- Newly Upgraded Audio Visual System
- Outdoor Dining Area
- Very Well-known brand in the area
- Arcade area that generates Cash Revenue
- Established leadership with an average of 9+ years with the Business
- Tenure of staff – 3 employees since 2010, 4 employees since 2011, and 2 employees since 2014
- Licensing agreement that pays a monthly flat fee and a very small % of Sales
- Plenty of parking spaces in a high traffic area of Northwest Houston
- Established Clientele
- Host numerous neighborhood events - Golf Tourneys, raffle donations, and charity events
-Significant Local following – very little advertising needed

Reasons for selling:

Retiring

Trading hours:

11:00 AM – Midnight - 7 days per week

Employees:
46
Years established:
2009

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 2

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

Owner Terms:$300,000.00 Interest:9% Term Months:36 Monthly Payment:$9,539.92

Furniture / Fixtures value:
$250,000 - included in the asking price
Inventory / Stock value:
$20,000 - included in the asking price
Relocatable:
This business can be relocated.