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Businesses For Sale   >>   Bars and Nightclubs Businesses For Sale

Bar & Restaurant

Location  Texas,United States
Asking Price Range  < $250K
Gross Revenues  $440000
Net Profit / Cash Flow  $65000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1984
Number of Employees  6 - 9
Relocatable  No
Number of Employees  6 - 9
Real Estate  Leased
Training  Seller will provide a sufficient training to new owner in all aspects of the business.
Reason for Sale  Retirement.

Description  
30-year established bar & restaurant located in Dallas is now available for sale. Featured with bar, games, live music, a variety of food menu, and DJ, the bar has become a well-known bar in Dallas building a loyal customer base for past years of being in business. The bar generates a consistent sales of $8-9K a week without any owner involvement and a single marketing. There is a plenty of room for growth if more owner's attention to operation is present coupled with right marketing. Its long history, traditional live music and DJ on weekend, and good food menu are one of the biggest competitive advantage this bar has over any other similar competitors. This is great opportunity to acquire a 30 year established bar & grill located in Dallas which still has a great potential to grow. For more info, please call Moon Kim at 1-866-519-2421 Ext. 101. Asking: $120,000 Furniture, Fixtures & Equipment: $50,000 (Included in listed price) Inventory: $5,000 (Not Included in listed price) Financing: 100% cash at Closing Facilities: Occupied in a 3,200 SF of retail strip center. Being in an end cap space, the bar is highly visible from street with high traffic counts. Competition: Closest competitor in the immediate market area is one chain restaurant with bar, but it is more like a restaurant. This is only place that is wholly a bar. Growth And Expansion: More owner involvement is required to streamline the current operation and since no single marketing is currently being done, pro-active marketing will bring the sales up.


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