Turnkey PK Lake Bar & Restaurant | $417K+ 2026 Sales Through Aug. 13

Asking Price$225,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

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Turnkey PK Lake Bar & Restaurant | $417K+ 2026 Sales Through Aug. 13


Asking Price$225,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross RevenueNot Disclosed

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Opened Aug. 2025 | $417K+ 2026 Net Sales Through Aug. 13 | Turnkey Lake Bar & Restaurant.
Turnkey bar, restaurant and live entertainment venue near Possum Kingdom Lake. Opened August 2025 and already generating strong sales, with $417,000+ in 2026 net sales through August 13, including $78,529 in July alone. Fully equipped and operating—new ownership can step into an established business without the time and expense of building a concept from scratch.

More than just a place to eat and drink, PK Ice House combines a laid-back Texas Ice House atmosphere with large-scale event capability and multiple revenue streams. The venue features a spacious indoor/outdoor setup, full-service bar, commercial kitchen, and dedicated entertainment area for live music, private parties, tournaments, themed events, and community gatherings. Unlike traditional small-town bars that rely primarily on daily food and beverage traffic, PK Ice House has developed a diversified, event-driven revenue model.

Signature events include live music, crawfish boils, chili cook-offs, holiday parties, music bingo, themed events, tournaments, and high-volume summer weekends. These events help drive traffic, increase food and beverage sales, and encourage repeat visits. With its first full peak summer season underway, PK Ice House generated $78,529 in net sales in July 2026 alone, demonstrating the venue’s ability to capitalize on peak lake traffic and event attendance. The established event calendar and entertainment infrastructure provide additional growth opportunities for a new owner.
PK Ice House has established a recognizable brand in the Possum Kingdom Lake area, supported by an active social media presence, consistent event marketing, and strong customer engagement. The business has built its following around community involvement, live entertainment, recurring events, and an energetic lake-area atmosphere. The venue also benefits from limited direct competition in the immediate area for a concept that combines full-service dining, a full bar, and live entertainment at one location.
The sale includes the furniture, fixtures and equipment necessary to operate the business, including bar infrastructure, commercial kitchen equipment, event-related assets, and established vendor relationships. Operating systems are already in place for events, promotions, and seasonal marketing, allowing a new owner to step into an established operation. The venue is designed to support multiple revenue streams, including food service, bar sales, live entertainment, event ticketing and cover charges, tournaments, private parties, and special events.

PK Ice House’s location near Possum Kingdom Lake provides access to both local customers and seasonal lake traffic. With the venue, equipment, brand, event infrastructure, and operating systems already established, a new owner has multiple avenues for future growth, including expanded private events, catering, additional programming, and increased utilization of the property during peak periods. The business offers an established foundation with opportunities for a new owner to build on its first year of operations.

This is an opportunity to acquire an established, fully operational, event-focused bar and restaurant near Possum Kingdom Lake with a recognizable brand, strong community presence, and the infrastructure already in place for continued growth. A new owner can step into a turnkey operation with multiple revenue streams and build on the momentum established during PK Ice House’s first year in business.
About the Business
Years in Operation
1
Employees
9 Contractors
Facilities & Assets
PK Ice House operates from a high-visibility leased location near Possum Kingdom Lake. The venue includes a full-service bar, commercial kitchen, indoor dining area, and large outdoor entertainment space designed for live music, private events, tournaments, and high-volume weekends. The sale includes furniture, fixtures, bar and kitchen equipment, refrigeration, POS equipment, tables, chairs, décor, signage, and branded assets necessary to operate the business. New ownership lease rate is $2,500 per month. Established vendor relationships and operating systems are in place for a smooth transition.
Market Outlook / Competition
PK Ice House occupies a distinctive position in the Possum Kingdom Lake market by combining full-service food, a full bar, live entertainment, and large-scale event capability in one venue. While the lake area has restaurants and bars, there is limited direct competition offering this combination of dining, nightlife, recurring entertainment, private events, and outdoor event space. The established brand, event calendar, and local following provide a strong foundation for continued operation under new ownership.
Opportunities for Growth
Growth opportunities include expanding private events and catering, increasing utilization of the venue for ticketed entertainment and tournaments, developing additional seasonal programming, and growing merchandise and specialty bar offerings. A new owner could also explore additional operating hours and off-season promotions. With the brand, venue, event infrastructure, and customer base already established, there are multiple opportunities to build on the business’s first year of operations.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,766
Rent
$2,500 per month
About the Sale
Seller Motivation
Owner is relocating and pursuing opportunities outside the area.
Transition Support
Owner will provide hands-on transition and training covering daily operations, staffing, vendor relationships, inventory, POS systems, event execution, and marketing. Buyer will also be introduced to key vendors and operational contacts. Reasonable post-closing phone and email support will be available for an agreed-upon transition period to help ensure a smooth change of ownership.
Financing Options
cash
Listing Info
ID
2468387
Listing Views
408
Business Location

Listing ID: 2468387 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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