Listing Number: 76931-190293
**REDUCED AND CAN BE YOURS FOR ONLY $175,000**
This stunning restaurant, bar, lounge, nightclub and event center near the Champions area on 1960 has prospered in this same location for over 10 years. The kitchen equipment, bar inventory, fixtures and furniture are by themselves worth over $350,000.
Due to recent health issues, the long-time owner is ready to retire and sell this business to someone who's ready to run the facility to its full potential. This restaurant and lounge is worth well over $600,000. Pre-covid annual sales averaged over $395,000.
The potential for this gorgeous space is limitless. Any buyer could reopen as a nightclub and restaurant or decide to focus on just events. There is a space for a cigar lounge and all of the leather couches other furniture are new. For the vast square footage, the rent is unbelievably low.
Make an offer today on this amazing business that is easily worth double the listing price!
- Price: $ 175,000
- Down Payment: $175,000
- Sellers Discretionary Earnings: $ 124,744
- Total Sales: $ 248,691
- Location: Harris County, Texas
- Inventory: $ 60,000
- FF&E: $ 200,000
- Year Established: 2010
- Reason for Selling: Retiring
- Category: Restaurants