See Similar Listings

Prime Location, Profitable Restaurant & Lounge for Sale

El Paso County, TX

Seller Financing Available

listing image
Asking Price:$180,000
Gross Revenue:$445,000
Rent:$6,715/Month
Established Year:2022
Cash Flow:$122,088
Inventory:$40,000
FF&E:$70,000
Listing ID: 2292310Listing provided by BizBuySell
BUSINESS DESCRIPTION

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-508151

This trendy upscale Restaurant and Lounge was established nearly three years ago in the heart of downtown El Paso. The lounge has become a thriving hub for craft cocktails and live entertainment. From its inception, the business has attracted a diverse clientele with its innovative drink menu, elegant ambiance, and vibrant location.

Over time, the lounge has grown into a favorite spot for both locals and visitors, offering not only exceptional cocktails but also regular live music performances that add to the dynamic atmosphere.

The combination of seasonal drinks, signature creations, and entertainment has solidified its place as a standout destination in El Paso's nightlife scene.

DETAILED INFORMATION
Location
El Paso County, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
4,800
Lease Expiration
31/03/2025
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: Buyer will be able to negotiate new Lease as part of Purchase agreement Facilities: Located right off a major freeway with easy on and off access in the heart of downtown El Paso, Texas. FF&E Overview: Chairs, Tables, Bar Equipment FF&E General Condition: Good Condition
Competition
- Signature Craft Cocktails - Elegant and Inviting Ambiance - Prime Downtown Location - Locally Inspired Cocktails - Very Well-known brand in the area - Exclusive, Rotating Menu - Artisanal Pairings and Small Plates - City Views - Established Clientele - Significant Local following - Proximity to Cuidad Juárez - Semi-Absentee Managed Business
Growth & Expansion
- Expanding Event Hosting: Increasing private event bookings, such as corporate gatherings, birthday parties, or weddings, can significantly boost revenue. Offering customizable packages with exclusive cocktail menus and live entertainment options can make this lounge a preferred venue for special occasions. - Collaborations with Local Businesses: Partnering with other downtown El Paso businesses, such as hotels, theaters, or event venues, can drive foot traffic through cross-promotions.
Financing
Owner Terms:$27,500.00 Interest:7% Term Months:36 Monthly Payment:$849.12
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Relocation
Report an Issue with this listing
profile-img
Raul
Quintero
logo-img
Phone Number
Raul Quintero
Call Phone