Established Neighborhood Bar for Sale near Austin-Sales over $613,000

Contact Seller
Asking Price:
$125,000

Gross Revenue:
$613,177
Cash Flow:
$117,044
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Share this business:

Business Description

Huge Price Reduction!! Operate this Bar for Sale just West of Austin and take home over $115,000 a year! Net sales of over $613,000 and high earnings -- this one won't last!
This bar for sale has been open and going strong for more than a decade! Located in a well-known and fast-growing town just outside of Austin, this bar for sale is a favorite haunt of the locals and also draws in plenty of visitors after a day on the lake. Prime location on main highway.
This bar for sale establishment has everything you need for the ideal business: great chicken wings, billiard tables, comfy couches, and cigars to boot! Yes, they have a special ventilation system and sell quite a volume of cigars. The bar for sale is also fully stocked and is well-known for certain creative drinks. Ask the restaurant brokers about this desirable unique location with 3000 square feet and rent of $9864 per month. The lease extends to July of 2019 with an additional 5-year option.
Hours are from 12pm to 2am, from lunch right through to last call. Reviews consistently remark on the excellent "bar food" -- including those wings, pizza by the slice, and even a bacon-wrapped hot dog. This bar for sale is known for their event nights, like weekly karaoke, a DJ night, a billiards tournament, and more.
Just by its very nature, a business like this is much easier to run than a full restaurant. There are simply fewer details to deal with on a bar for sale like this one. The ordering and stocking is easier, the staffing is easier, and it is much harder to mess up cheesy fries than, say, beef bourguignon. This makes the life of the owner much less stressful!
If you want a great quality of life coupled with an excellent return on investment, this bar for sale is ideal for you. Become the proprietor of this establishment and secure six figures -- a good living while you welcome patrons!

About the Business

Location:
Lakeway, Texas
Year Established:
2006
Number of Employees:
1 Ft 3 PT
Real Estate:
Leased
Building Sq. Ft.:
3,000
Rent:
$9,870.00 Per Month
Lease Expiration:
7/31/2024
Facilities:
2 Brunswick pool tables 8 foot and 9 foot 2 dart boards with back stops 2 true beer coolers with glass doors 1 true beer cooler with black doors 1 beverage air 4 barrel kegarator 1 3 compartment sink 3 reach in freezers 5 pub tables 2 oversized tables that seat 10 each 2 bars 2 ice wells 2 soda gun set ups 4 stainless steel tables for service and storage 1 walk in refrigerator 1 kitchen hood 1 Wolf 4 burner flat top and conventional lower oven 1 blodgett conventional oven 1 two-basket fryer 1 steam table with four compartments 1 dish machine 9 flat screen mounted TVs 1 sit down 60 game arcade setup 2 golden tees leased 1 tournament grade coin op foosball table 4 racks for shelving dry storage 1 liquor cage 2 leather couches 2 leather wingback chairs 30 Black metal chairs 8 brown metal chairs 2 5 foot sub woofers 4 commercial grade fire extinguishers 1 complete Audio sound system that control each room separately All kitchen utensils plates and equipment 2 POS terminals with cash drawers and printers 1 back office POS PC with monitor
Website:
www.wesellrestaurants.com
Contact the Seller

About the Sale

Reason For Selling:
Relocation
Training/Support:
1 week

Listing Info

ID:
1490324
Ad Detail Views:
736

Contact the Seller
Please confirm you're not a robot
Contact the Seller
Business Listed by

Dave Duce

We Sell Restaurants

 Show Phone Number

View My 16 Active Listings
Sponsoring Broker:

Eric Gagnon
We Sell Restaurants
License# H49152

U.S. Census Data for Travis County, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Travis County, TX
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


Similar Listings


Report an Issue 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 & Conditions.