Bar and Grill
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Established Bar and Grill in Pottsboro, TX - Prime Lake Texoma Location
This turnkey bar and grill presents an exceptional opportunity in the growing Pottsboro area, just minutes from popular Lake Texoma. Operating since 2024, this 4,000 square foot establishment has built a loyal customer base in an underserved market with limited competition.
Business Features:
• Full-service bar with 150+ varieties of alcohol and 34 different beer selections
• Extensive food menu appealing to diverse tastes
• Great atmosphere with engaging environment
• Well-maintained facility in excellent condition
• Currently operated as absentee-owned business
Financial Overview:
• Asking Price: $99,000 (includes $15,000 inventory)
• Annual Revenue: $500,000
• FF&E Value: $80,000
• Monthly Lease: $3,400 through January 2029
• Strong revenue performance with 5.05x revenue multiple
Location Advantages:
Situated in a rapidly developing area near Lake Texoma, this business benefits from both local daily traffic and seasonal tourism. Pottsboro is positioned for significant growth as the community expands, creating substantial upside potential.
Owner Support:
Current absentee owner offers part-time support for up to two months post-sale, ensuring smooth transition for new ownership.
Flexible Financing:
Seller financing available with 30% down payment. Owner also open to partnership opportunities with qualified individuals.
Growth Potential:
Numerous expansion opportunities exist in this emerging market. The combination of limited local competition, proximity to Lake Texoma recreation, and community growth trajectory positions this business for continued success.
This represents an ideal opportunity for an owner-operator to acquire an established business in a growing market. The combination of loyal customer base, prime location, flexible financing, and substantial upside potential makes this an attractive investment in Texas's expanding hospitality sector.
Reason for Sale: Owner focusing on other business ventures and time management needs.
This turnkey bar and grill presents an exceptional opportunity in the growing Pottsboro area, just minutes from popular Lake Texoma. Operating since 2024, this 4,000 square foot establishment has built a loyal customer base in an underserved market with limited competition.
Business Features:
• Full-service bar with 150+ varieties of alcohol and 34 different beer selections
• Extensive food menu appealing to diverse tastes
• Great atmosphere with engaging environment
• Well-maintained facility in excellent condition
• Currently operated as absentee-owned business
Financial Overview:
• Asking Price: $99,000 (includes $15,000 inventory)
• Annual Revenue: $500,000
• FF&E Value: $80,000
• Monthly Lease: $3,400 through January 2029
• Strong revenue performance with 5.05x revenue multiple
Location Advantages:
Situated in a rapidly developing area near Lake Texoma, this business benefits from both local daily traffic and seasonal tourism. Pottsboro is positioned for significant growth as the community expands, creating substantial upside potential.
Owner Support:
Current absentee owner offers part-time support for up to two months post-sale, ensuring smooth transition for new ownership.
Flexible Financing:
Seller financing available with 30% down payment. Owner also open to partnership opportunities with qualified individuals.
Growth Potential:
Numerous expansion opportunities exist in this emerging market. The combination of limited local competition, proximity to Lake Texoma recreation, and community growth trajectory positions this business for continued success.
This represents an ideal opportunity for an owner-operator to acquire an established business in a growing market. The combination of loyal customer base, prime location, flexible financing, and substantial upside potential makes this an attractive investment in Texas's expanding hospitality sector.
Reason for Sale: Owner focusing on other business ventures and time management needs.
About the Business
- Years in Operation
- 1
- Employees
- 24 (14 Full-time, 10 Part-time)
- Facilities & Assets
- All decor
Equipment fridges,cook tops etc
Furniture
Computers
Programs
Inventory
Pool tables
Dart boards - Website
- https://www.sloppyjoestx.com/
- Market Outlook / Competition
- Not many choices out here, great location
Great opportunity - Opportunities for Growth
- Plenty of growth opportunities
This town is a hidden gem and just starting to take off . Minutes from lake Texoma
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 4,000
- Rent
- $3,400.00 per month
- Lease Expiration
- 1/1/2029
About the Sale
- Seller Motivation
- Time needs reasons / we own other businesses
- Transition Support
- Can be available part time up to 2 months
- Financing Options
- 30 % down/ term and payment. TBD Also willing to partner with right persons
Listing Info
- ID
- 2439504
- Listing Views
- 434
Business Location
Listing ID: 2439504 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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