Listing Number: 76931-668972
This business is located in a very nice strip shopping center in the Clear Lake area. Low labor costs make this business simple and easy to manage! Great business for owner-operator or absentee owner.
The business for sale opened in June 2019, and provides frozen daiquiris and margaritas for on and off premise consumption. They use top quality ingredients and the menu appeals to a diverse customer base. Some of their menu items include favorites such as Strawberry Daiquiri, Pina Colada, Hurricane, and Classic Margarita. Other fun drinks include the Troublemaker, Tipsy Golfer, Friendly Alien, Bahama Mama, and El Diablo.
Business is solid! Last year sales were $241,000 with $47,000 in discretionary earnings. The seller is looking to relocate and will provide a minimum of two weeks of training.
This business would be perfect for an owner that is looking for an easy business to manage and enjoys working with people. There are excellent opportunities for growth thru the addition of third party delivery companies and increased advertising.
The sale includes $40,000 in FF&E, $40,000 in Leasehold Improvements, and $2,000 in Inventory. The business has 3 employees and leases 1,429 sq ft in south Houston. The lease is approximately $4,420 per month (includes CAM) and expires on May 31, 2024.
- Price: $ 120,000
- Down Payment: $120,000
- Sellers Discretionary Earnings: $ 47,163
- Total Sales: $ 241,314
- Location: Harris County, Texas
- Inventory: $ 2,000
- FF&E: $ 40,000
- Employees: 3
- Year Established: 2019
- Reason for Selling: Relocation
- Category: Bar - Brasserie - Tabac