Please ensure Javascript is enabled for purposes of website accessibility Sports Bar NW Houston UNDER CONTRACT - taking backup offers | Transworld Business Advisors Houston UA-80176035-1

Sports Bar NW Houston UNDER CONTRACT - taking backup offers

Listing Number: 76931-419433

Description

This Sports Bar is a local favorite. Opened in 2009, this original has been the go-to local neighborhood bar from early afternoon through the late-night party. The space is just under 3,000 square feet with plenty of TVs to watch the favorite game and grab a drink and snack. With plenty of games, the bar still has room to grow with 8 liners and other entertainment options that are highly profitable. Both owners have been active in the bar since inception and are looking forward to retirement. The business is just now returning to normal from an extended COVID impact, with December sales reaching $59K (annualized ~ $708K). Area construction had an impact on the business but is now complete. Business is located in a prime strip center, with an outdoor patio and over $300K invested in leasehold improvements and FF&E. Opportunity will not last long.

Listing Details

  • Price: $ 198,950
  • Down Payment: $198,950
  • Sellers Discretionary Earnings: $ 176,339
  • Total Sales: $ 702,000
  • Location: Harris County, Texas

  • Inventory: $ 2,000
  • FF&E: $ 58,000
  • Employees: 9
  • Reason for Selling: Exiting Strategy
  • Category: Liquor Related Biz
Sports Bar NW Houston UNDER CONTRACT - taking backup offers

Business Listed By:

Steve Merritt, CPA, CBI, CM&AP
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