Bar and Restaurant for Sale with High Profits

Asking Price$675,000

Cash Flow
$168,981
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,122,833

Inventory$15,000
Included in asking price
FF&E$75,000
Included in asking price
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Bar and Restaurant for Sale with High Profits


Asking Price$675,000

Cash Flow
$168,981
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,122,833

Inventory$15,000
Included in asking price
FF&E$75,000
Included in asking price
Business Description
Bar and restaurant for sale! This highly profitable vintage restaurant for sale is located in a historic district of Tarrant County, Texas. Established in 2007 by the current owner, this restaurant has been growing consistently since opening its doors. The menu features an array of flavorful dishes that are both innovative and familiar, including sandwiches, burgers, steaks, seafood, pasta dishes, and desserts accompanied by a choice selection of beer and wine. The free-standing facility is 2,500 sq ft and is highly visible to oncoming traffic. The customer base is diverse, ranging from professional workers during lunch hours to families during dinner hours.

There is indirect competition coming from other restaurants in the area. The restaurant stands apart from others due to its strong brand presence and the incorporation of live music events. A quality website and various social media accounts have helped promote the business. There is great potential for growth as the business could increase hours of operation or offer delivery/catering services via online platforms. Currently run by a semi-absentee owner with minimal involvement in daily operations, occasionally develops new menu items and provides demos for kitchen staff when needed, this restaurant would be ideal for someone with experience in management and the industry.

Listing ID #001282
About the Business
Years in Operation
18
Employees
20
Facilities & Assets
The freestanding facility is a 2,500 SF historic building in Tarrant County on a 10,000 SF lot. The location is prime and is highly visible to oncoming traffic in a busy area lined with other retail stores and a nearby affluent neighborhood, providing a steady flow of customer traffic.
Market Outlook / Competition
Other restaurants in the immediate area are indirect competition for this restaurant which stands apart with its well-established brand, and live musical performances.
Opportunities for Growth
Huge growth potential can be achieved by expanding the hours of operation, currently open 30 hours per week. Catering and delivery using third-party services can also be explored to boost revenue even further.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,500
About the Sale
Seller Motivation
Health
Transition Support
The owner will provide training for an agreed-upon period of time to enable a smooth transition into the business.
Financing Options
100% cash down or 20-30% cash down with SBA financing
Listing Info
ID
2399511
Listing Views
197
Attached DocumentsAttachment Disclaimer

NDA_Non_Disclosure_Agreement_for_001282_Bar_and_Restaurant_for_Sale_with_High_Profits.pdf


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Business Listed by: V-AID Business Investment V-AID Group, Inc.

Listing ID: 2399511 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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