Listing Number: 76931-134640
Description
A classy, neighborhood bar and grill that meets every customer's expectations. All food is made from scratch with its own recipes. Restaurant has been voted "Best Neighborhood Grill" on the NextDoor App many times over.
This Bar & Grill was founded 4 years ago by restaurant industry executives. Using their industry knowledge they created a local experience that includes hand-crafted burgers and local brews. All recipes are made from scratch and provide the basis for a unique bar & grill experience. The restaurant includes a full bar, a large patio area, and a semi-private room that seats 15 people comfortably.
This restaurant produced an SDE of $138K during COVID in 2020 on a revenue of $950K. 2021 has ramped up beyond expectations with the first half revenues outperforming the prior year's period by 58%. Lots of growth opportunities continue to exist.
This is a must-see for anyone thinking about owning a Bar and Grill. It is a mainstay for the neighborhood!!!
Listing Details
- Price: $ 390,000
- Down Payment: $390,000
- Sellers Discretionary Earnings: $ 138,000
- Total Sales: $ 950,000
- Location: Harris County, Texas
- Inventory: $ 15,000
- FF&E: $ 120,000
- Employees: 20
- Year Established: 2017
- Reason for Selling: Retirement
- Category: Restaurants
