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Sports Bar & Grill - Clear Lake Area
This is a fun Neighborhood bar and grill located in a high traffic area in the Clear Lake Area. Seating for 170 inside, plus 50 on outside patio area. The facilities include a large bar area, full kitchen, and large outside covered patio area. Entertainment includes karaoke night, drag show nights, trivia games, large screen TVs, and game vending machines. Bar sales @ 75% and food sales at 30%. Owner retiring due to heath issues. Seller will finance a qualified buyer.
Listed By: Jeffrey Jones
Background information
Reference:
82519
Year established:
2019
Reason selling:
Retirement due to heath issues.
Finance
Sales:
$387,449
Profits:
$75,855
Operations
Employees:
7 to 8 employees
Equipment:
Full bar & cafe equipment
Inventory:
$5,000
Premises
Facility:
Includes large bar area, stage, kitchen, and outside covered patio area.
Square footage:
2,800
Rent and lease terms:
$7,500 gross monthly rent. Lease expires 9-30-2026 with 2 5 year options at market rate.
Location:
The business is located in a busy shopping center in the Clear Lake Area.
Price and terms
Price:
$150,000
Down payment:
$60,000
Financing:
$60,000 Cash Down & $90,000 Seller Note @ 6% Interest 5 Years = $1,739.95 P/ m.
Training:
As needed