Sports Bar Pub In North Houston Major Freeway For Sale

Business description

Here’s an opportunity to make a killing just by showing up to work! This sports bar & pub in North Houston has great sales numbers but needs a good owner/manager to run the show. Sales have consistently run over $800k per year totally absentee and would have a healthy net profit if costs could be kept under control. The location is incredible as it sits on the feeder road of a major freeway and is in a complex with like-kind businesses. This bar is fully packed with 25 TV’s, tons of seating and more vending options than the average patron can handle. There is a stage for music performances and is located in a part of Houston where smoking is still allowed inside, a HUGE benefit! This is part of a multi-location chain of bars and the owner just can’t handle this location in addition to the others because of the distance from the others (closest is 40 miles away) – the seller will discuss a licensing agreement to keep the current name if the new owner wishes. This location does more Golden Tee sales than any of the others in this chain and could have a larger upside if a new owner concentrated on drawing that crowd. Seller will consider financing a portion of the sales price to a qualified buyer – please be discreet when visiting.

Seller's Discretionary Earnings: $69,574 Proforma

Property information

Real Estate:

Lease

Location:

5000SF facility in shopping center

Other information

Expansion potential:

Owner-operator needed

Reasons for selling:

Too far from other stores to manage

Trading hours:

7 dasy, 11AM - 2AM

Furniture / Fixtures value:

$126,667 (included in the asking price)

Inventory / Stock value:

$8,500 (included in the asking price)

Related documents:

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• Business Profile