A long-running bar newly renovated and rebranded in the NW part of Houston must sell fast due to impending owner relocation overseas. The new owner has owned the bar for two years and recently renovated the entire bar, adding all new TV's, rollup door access to the patio, barback coolers, all new vending, and much more. The owner will finance it up to 100% for a qualified buyer.
- Asking Price:
- $203,135 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $595,455
- Cash Flow:
- $114,340
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Monthly Rent: $7,218.00
Square Units (Foot, Meter): 2,965
Lease Expiration Date: September 1, 2032, 10:00:00 PM
Terms Options: 5X
- Premises Details:
-
FF&E Overview: New
FF&E General Condition: Excellent
Business Operation
- Expansion Potential:
-
Live DJ's, Pay per view, Live bands would all complement the business in place.
- Competition / Market:
-
Limited
- Reasons for selling:
-
Health
- Trading hours:
-
Monday - Sunday 1pm-2am
- Employees:
- 7
- Years established:
- 2009
Other Information
- Support & training:
-
# of Weeks Seller Will Offer Training: 2
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Terms:$100,000.00 Interest:7.5% Term Months:24 Monthly Payment:$4,500.00
- Furniture / Fixtures value:
- $92,441 - included in the asking price
- Inventory / Stock value:
- $6,000 - included in the asking price
