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Sunbelt Business Advisors and Houston Business Brokers is the largest business brokerage organization in the world with over 300 offices in the United States and 18 countries. Our objective is to help those people who want to buy a business, achieve that goal in an efficient and informed manner.
Sunbelt Listing ID: N1502-CB

Bar and Lounge for Sale in North Houston

Description:

Located in the fastest growing area in Houston, this bar has many opportunities for a new owner to create their own unique sports bar, dance club, etc.  Inside is decorated very modern, with a dance floor and stage for bands (all necessary top of the line audio equipment is in place.) The initial investment was $250K with FFE of over $100K.A nice outside patio completes the façade.  Present owner lost his operating partner and is in a must sell situation.  Bring your experience or enthusiasm to this great opportunity complete with all the bells and whistles.    In addition the Texas Restaurant Association changed the tax law that will increase earnings 7.3% on all liquor sales.

Industry:  Food / Beverage
State: Texas
City: Houston Region
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Annual Cash Flow Notes:
Purchase Price: $150,000
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Purchase Price Notes:
Annual Cash Flow: * $0

Listing Agent: Carrie Baier
Phone: 713-594-8210
Annual Revenue: $250,000
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Annual Revenue Notes:
Real Estate:
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Real Estate Notes:

Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, and owner’s compensation. See earnings detail from Seller.