Prime location Pub & Grill with excellent varieties of beers and menu items is available for acquisition. Established in 2014 and acquired in the same year by the current owner of the business. Few competitors are within the immediate market area, but this bar has a very unique style while offering various menu items to accommodate each alcoholic beverage selection which in-turn provides consistent sales each year of operation. Upper middle class individuals are the majority of the customer base as this business is located in one of the richest counties in Texas and also one of the fastest growing cities. Sales since the establishment in 2014 have been a consistent $110,000-120,000/month in net sales with slight growth in 2016. Proactive marketing is needed to truly reach the potential sales that this business is currently missing as the owner absentee. Billboard advertisement is used each month to bring in customers from various areas of the city and for other non-locals to come visit this Pub. In the near future, more parking space and online advertisement could prove extremely beneficial to the growth of this operation towards other areas than the one that this business resides in. A full-time owner would also account to more cash flow as the owner would replace certain employee tasks to his/herself to reduce payroll expenses. This pub provides accommodations such as varieties of beer, wine, liquor, burgers, fries, Tex-Mex, sandwiches, soups, salads, and desserts. This business is already well-known around the local area and needs just a little more proactive work from the owner to truly reach its potential and grow the sales.
Furniture, Fixtures & Equipment: $150,000 (Included in listed price)
Inventory: $5,000 (Not Included in listed price)
Financing: 100% down at the time of closing or 50% Cash Down with SBA Financing for Qualified Buyers.
Year Established: 2014
Facilities: Large patio is in the front of the business with a nice view along with a mini look-down garden built onto a well-made two story building. All equipment is in excellent condition and in working order.Support/Training: Owner will provide training during a 4 week period for a smooth transition into the business.
Reason Selling: Other Opportunities.
Competition: Few competitors are within the immediate market area, but due to the area housing many upper class individuals there's is no issue in bringing in customers.
Growth And Expansion: Proactive marketing is needed to further grow the business and well as an extension of the parking area. A billboard is currently used to market this business towards the drivers on the road.
Asking Price $349,000
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