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Modern Style Sport Tavern With Patio For Sale

Tarrant County, Texas
Asking Price:
$475,000 (USD) Furniture / Fixtures included
Sales Revenue:
$596,452 (USD)
Cash Flow:
$67,800 (USD)

Prime location sports bar open for 7 days a week placed next to the busiest intersection in the city is available for acquisition. This business was originally established in 2014 by the current owner of the business. Competition is expected for this type of business industry, but this business is known in the area for their great relationship with the local community and has a more variety in their selection of alcoholic beverages. Most of the customers are middle to upper-class individuals from the surrounding densely populated residential neighborhoods and oncoming traffic in the intersection. Net sales average was $560,000year that has been steadily increasing throughout the last several years of operation by social media marketing and word of mouth. Although some marketing has been utilized by social media outlets and word of mouth from the local individuals, other proactive marketing tactics is needed to generate more cash flow and acquire new customers. There are many ways to proactively market this business such as direct mailing, newspapers, delivery services, 3rd party delivery service, door hangers, hire additional staff and placing a manager in the business. Owner involvement is crucial to the further development of this business, but placing manager to take over most owner involved jobs will help the owner focus more on marketing to grow the sales. An assortment of products are provided at this business that can range from appetizers, salad, soup, tacos, quesadillas, burgers, sandwiches, mac & cheese and desserts. This business has everything in place for a potential buyer to be proactively marketing this business while being fully involved in the day-to-day business operation.

Property information

Real Estate:

Lease

Location:

This business is located in a 3,500 SF retail strip center surrounded by densely populated residential neighborhoods and numerous retail businesses that brings consistent customers to the area. All equipment is in impeccable condition and in working order.

Business Operation

Expansion Potential:

Some marketing is done through social media outlets and word of mouth, but other proactive marketing methods is needed to generate more cash flow and acquire new customers.

Competition / Market:

Few competitors are within the immediate market area, but these competitors lack in selection of alcoholic beverages that this business already provides.

Reasons for selling:

Retirement / Burnt Out

Employees:
3FT/5PT
Years established:
2014

Other Information

Support & training:

The owner of the business will provide the necessary training needed to smoothly transition into the business operation.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.

Furniture / Fixtures value:
$40,000 (USD) - included in the asking price
Inventory / Stock value:
$6,000 (USD)

Contact Information

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