Thriving Bar Oasis with Multiple Income Streams and High Margins

San Antonio, TX
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Asking Price:$185,000
Gross Revenue:$474,000
Established Year:2021
Cash Flow:$130,000
Rent:$2,431/Month
BUSINESS DESCRIPTION

This neighborhood bar, located in a busy strip center alongside a well-traveled road, serves as a popular hub for both regular patrons and newcomers. Its versatile features, including a stage for events like live performances and karaoke, attract diverse crowds. Notably, the venue boasts over 10 game stations, which significantly contributed to over 30% of revenue in December, making them a focal point for growth and appealing to a broader clientele, especially during off-peak hours. The spacious layout offers opportunities for outdoor enhancements, promising sustained patronage. Under the current owner's efficient management, the bar achieves an impressive 25% net margin. This presents an attractive proposition for existing bar owners seeking expansion or aspiring entrepreneurs with a bold vision, providing a solid foundation for future success and innovation.


DETAILED INFORMATION
Location
San Antonio, TX
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,874
Lease Expiration
30/09/2024
Employees
5
Financing
Cash at close
Reason for Selling
Pursue other investments/interests
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Jason
Brown
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Jason Brown