See Similar Listings

Family Friendly Sports Bar and Grill in Northwest Houston Area

Houston, TX

Seller Financing Available

listing image
Asking Price:$1,500,000
Gross Revenue:$3,038,918
Rent:$16,582
Established Year:2009
Cash Flow:$395,299
Inventory:$20,000
FF&E:$250,000
Listing ID: 2208950Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established Business with Consistent Financials

TRANSWORLD BUSINESS ADVISORS OF HOUSTON. LISTING REF # 76931-915666

This Sports Bar has become a very popular spot for locals and visitors to the Houston area. With a focus on a lively atmosphere and a simple yet diverse menu, the bar has become a favorite gathering spot for the entire family. It is the perfect family-friendly neighborhood hangout that has an extensive video arcade area for both kids and adults. This arcade area adds significant cash revenue to the business's bottom line.

This Sports Bar and Grill serves pub-style appetizers, hearty meals, and a variety of beverages, including craft beers and cocktails. When you host a private event, you are assigned a dedicated party helper who ensures your special day goes off without a hitch. You'll never miss watching any of your favorite sports events again – with 50+ HDTV large screens and video walls with a newly upgraded Audio/Visual System, ensuring that there is not a bad seat in the house.

DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
6,994
Lease Expiration
31/12/2024
Employees
46
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Lease Terms Options: Seller is negotiating lease extension with Landlord
Competition
- Family Friendly Sports Bar Environment - Kid and Adult Menu - Newly Upgraded Audio Visual System - Outdoor Dining Area - Very Well-known brand in the area - Arcade area that generates Cash Revenue - Established leadership with an average of 9+ years with the Business - Tenure of staff – 3 employees since 2010, 4 employees since 2011, and 2 employees since 2014 - Licensing agreement that pays a monthly flat fee and a very small % of Sales - Plenty of parking spaces in a high traffic area of Northwest Houston - Established Clientele
Growth & Expansion
- Increase or refresh the video gaming area to increase cash revenue - Put more emphasis on the takeout food business - Increase the patio business by adding patio support - Begin promoting the new Spring Professional Football Team (Houston Roughnecks) - Begin promoting the World Cup taking place in North America (Official watch central for the US National team and other favorite Country Teams with Heavy populations in Houston (Brazil and Mexico)
Financing
Owner Terms:$300,000.00 Interest:9% Term Months:36 Monthly Payment:$9,539.92
Support & Training
Number of Weeks Seller Will Offer Training: 2
Reason for Selling
Retiring
Franchise
This business is an established franchise
Report an Issue with this listing
profile-img
Raul
Quintero
logo-img
Phone Number
Raul Quintero
Call Phone