Newly Renovated & Profitable Sports Bar

Houston, TX

Seller Financing Available

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Asking Price:$203,135
Gross Revenue:$595,455
Rent:$7,218/Month
Established Year:2009
Cash Flow:$114,340
Inventory:$6,000
FF&E:$92,441
BUSINESS DESCRIPTION

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-682154

Long running bar newly renovated and rebranded in the NW part of Houston must sell fast do to impending owner relocation overseas. New owner has owned the bar for two years and recently renovated the entire bar, adding all new TV's, rollup door access to patio, barback coolers, all new vending and much more. Owner will finance up to 100% for a qualified buyer.


DETAILED INFORMATION
Location
Houston, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,965
Lease Expiration
01/09/2032
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: 5X FF&E Overview: New FF&E General Condition: Excellent
Competition
Limited
Growth & Expansion
Live DJ's, Pay per view, Live bands would all complement the business in place.
Financing
Owner Terms:$100,000.00 Interest:7.5% Term Months:24 Monthly Payment:$4,500.00
Support & Training
# of Weeks Seller Will Offer Training: 2
Reason for Selling
Health
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Steve
Merritt
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Steve Merritt