Restaurant and Sports Bar w/ Excellent Lease Terms

Listing Number: 76931-556369

Description

This vibrant and highly popular restaurant and bar is available for new owners in the center of Houston's busiest and fastest expanding district. The restaurant has a full bar that is both visually and monetarily the star of the show. This is a family-owned sports bar that specializes in alcohol, brews, and great food! Alcohol accounts for about 80% of overall revenue. The delicious and fresh menu items are all unique to the idea. For smooth and professional execution, all menu items have recipes and systems in place. This much-loved establishment has an extremely dedicated and loyal client base already on which the new owner can grow upon.

With 52 screens you will never miss a shot, score, basket or knock out! This establishment has specials every night of the week as well as pool tables, shuffleboard, giant Jenga and more games for your entertainment. There is an outdoor patio for guests to relax with a cold drink, enjoy the weather and our outdoor walk-up bar.

This is a great opportunity for someone looking to enter the restaurant/bar industry for the first time or for a strategic buyer who is looking for an expansion opportunity. For the size of this space, you will not find a better deal on rent! There is huge value for a new buyer from the way the lease for this business is structured!

Listing Details

• Price: $ 440,000
• Down Payment: $440,000
• Sellers Discretionary Earnings: $ 41,931
• Total Sales: $ 589,586
• Location: Harris County, Texas


• Inventory: $ 0
• FF&E: $ 200,000
• Employees: 14
• Year Established: 2016
• Reason for Selling: Pursue other opportunity
• Category: Restaurants