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Business for Sale Summary

Turnkey Waterfront Sports Bar for Sale in Matagorda County, TX - 37762

Business Type: other eating & drinking places,other food stores,restaurant/ cafes/ diners,bar/tavern/night clubs
Turnkey Waterfront Sports Bar for Sale in Matagorda County, TX
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Financial Information (non-confidential)

General Information
Asking Price $175,000 Down Payment $175,000
Gross Revenues $300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $108,000 Number of FT Employees Register Free to View

Financing

$175,000 Down and

Business Description

Turnkey Waterfront Sports Bar & Grill Opportunity in Texas

Excellent opportunity to acquire an established sports bar and grill located in a small Texas community near the water. This approximately 3,000-square-foot restaurant sits on a 6,000-square-foot property with approximately five acres, offering potential for an owner with the right vision to expand or further develop the concept.

The business currently operates on a limited schedule, five days per week from approximately 4 p.m. to midnight, and is closed two days each week. It is staffed with four part-time employees, creating an opportunity for a new owner to increase revenue by expanding operating days and hours. During its first year, when the restaurant was open seven days per week, monthly sales reportedly reached approximately $35,000.

The sale includes the equipment needed to operate the restaurant, with approximately $50,000 in equipment and $10,000 in inventory included. The business is being offered at $175,000.

With its proximity to the water, existing customer base, fully equipped kitchen and bar operation, and opportunity to increase hours and days of operation, this could be an attractive acquisition for an owner-operator or experienced hospitality entrepreneur looking for a turnkey Texas bar and grill with additional growth potential. For more info, contact the broker, Laura Ali at 973-723-3084



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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

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