Business For Sale Listing 96991
Popular Sports Bar & Grill with Real Estate
Status as of Nov-22-2008 at 06:10 PM: Active
Business Summary
Price reduced!!! Well-established, popular Sports Bar & Grill. Presently operating under a beer and wine permit. Upgrading to a mixed beverage permit would more than likely increase revenue.
Real Estate is included in the asking price located in Angleton, Texas. Established by current owner and in business since 1998.
This business is centrally located and is regarded as a permanent fixture of the community. It is consistently frequented by regulars and is experiencing tremendous growth as development communities move South from Houston. All assets are included in the sale, consisting of a fully equipped kitchen and bar, and several big screen and projection TVs. New roof recently completed on building.
A deal could probably be structured by financing the property (previously appraised at $170K) with a bank and then having owner finance the business. This should certainly minimize investment required to do this deal.
Categories
Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand (194,000) |
| Profits: |
Under $100 Thousand (58,600) |
| Profit Type: |
Cash Flow |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (295,000) |
