Bar - Old School and Very Profitable
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For Sale is an old-school classic bar that has been serving drinks for over 40 years! This well-established bar has a proven history of being VERY profitable. Open 7 days a week from 11am to 2am, serving drinks only (no food), this bar also features pool tables, darts, gaming machines and smoking allowed for its loyal customer base. It is located near the entertainment district on the border of Arlington and Grand Prairie by where the Dallas Cowboys and Texas Rangers play.
Currently under absentee ownership so this is perfect as an investment or to make even more money by becoming an owner-operator.
Square footage is 2480 with a fire code capacity of 120 people. Bar and table seating is currently setup for 50-plus patrons.
There are 3 years and 2 months remaining on the current lease. A 5-year extension is available, and the landlord is also open to discussing a new and favorable lease.
***The advertised financials for this posting are averaged and estimated. Current and historical detailed financials from QuickBooks are available and provided by a CPA.***
Currently under absentee ownership so this is perfect as an investment or to make even more money by becoming an owner-operator.
Square footage is 2480 with a fire code capacity of 120 people. Bar and table seating is currently setup for 50-plus patrons.
There are 3 years and 2 months remaining on the current lease. A 5-year extension is available, and the landlord is also open to discussing a new and favorable lease.
***The advertised financials for this posting are averaged and estimated. Current and historical detailed financials from QuickBooks are available and provided by a CPA.***
About the Business
- Years in Operation
- 46
- Employees
- 4 Part-time
- Facilities & Assets
- 2480 square feet, rectangular floor plan, 1 small 6x6 office, 1 small storage area
Bar is positioned as the middle tenant of the strip center
Included in sale: All bar inventory, 9 big screen TVs, 3 pool tables, tables and chairs, security system, 3 dart boards, and miscellaneous fixtures and supplies
Bar also has 4 gaming machines (not owned)
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,480
- Rent
- $3,808 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The owners will help in the transition per mutual agreement on time and duties requested
- Financing Options
- SBA Loan
Listing Info
- ID
- 2548587
- Listing Views
Listing ID: 2548587 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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