A unique opportunity to acquire one of East Texas's most distinctive upscale bar and lounge concepts. This is not your typical neighborhood beer joint. The business was designed to offer the atmosphere, service and top-shelf selection you would expect from an upscale lounge in a major metropolitan market, while bringing a strong New Orleans-inspired character to East Texas. The business features an impressive selection of premium and top-shelf spirits, fine wines, craft cocktails and more, all presented in a sophisticated yet comfortable setting. From the decor and atmosphere to the overall guest experience, the concept has been intentionally developed to create a destination where customers come to relax, socialize and enjoy a more refined night out.
- Asking Price:
- $285,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $293,936
- Cash Flow:
- $69,040
Property Information
- Real Estate:
-
Lease
- Size in square feet:
- 4,000
Business Operation
- Reasons for selling:
-
Professional conflict of interest
- Trading hours:
-
Monday - Thursday 5 - 10PM, Friday 5PM - midnight and Saturday 12PM - midnight
- Employees:
- 10
- Years established:
- 2023
Other Information
- Support & training:
-
5 weeks
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Owner Financing Amount
$28,500.00
Owner Financing Interest
8%
Owner Financing Terms Months
36
Owner Financing Monthly Payment
$893.09
- Furniture / Fixtures value:
- $150,000 - included in the asking price
- Inventory / Stock value:
- $50,000 - included in the asking price
