Trend Setting Cocktail Bar and Restaurant.

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Price Reduced - Trend Setting Bar in Dallas!!
Asking Price:
$215,000

Gross Revenue:
$600,000
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
$10,000
not included in asking price

FF&E:
$90,000
included in asking price

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Business Description

Trend setting cocktail bar and restaurant with full kitchen, established in 2011. Easily accessible and centrally located, this bar is in a mixed-use complex with over 200 apartments, bars, restaurants, and a movie theater. Positioned on the gorgeous Katy Trail extension and between two office towers - big opportunity to serve the local lunch crowd. Renovated in 2018-2019, with all new furniture, new range, new fryer, new refrigeration, and new ice maker. In addition, high efficiency HVAC units installed in May 2019. Proven to be successful, but lots of opportunity for growth in this high traffic area close to Dallas’ premier university and boutique hotels

About the Business

Location:
Dallas, Texas
Year Established:
2011
Number of Employees:
11
Real Estate:
Leased
Building Sq. Ft.:
1,987
Rent:
$8,000.00 Per Month
Facilities:
Fully renovated and furnished in 2018.
Market Outlook/
Competition:
Easily accessible and centrally located, this bar is in a mixed-use complex with over 200 apartments, bars, restaurants, and a movie theater. Lots of competition but this unique owner operated business stands out.
Growth & Expansion:
Opportunity for a buyer to create and promote lunch service to high traffic areas between two office towers. Currently, only open in the evening. Great space for private events, team building events and much more.
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About the Sale

Reason For Selling:
Family Reasons
Training/Support:
Owner and highly trained management staff to help with a successful transition.

Listing Info

ID:
1653744
Ad Detail Views:
0

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Business Listed by

Aaron Evans

Texas Restaurant Advisors

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