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Sports Bar & Grill - Inside Loop 610


Beautiful sports bar and grill on Washington Avenue. Due to Covid the business was shut down and totally remodeled.  It is now ready to reopen. There is a large bar and dining area in one section of the building and another large bar in a separate area connected by a large outdoor patio area.  The menu includes steaks, seafood, and sandwiches for lunch and dinner.  Prior to closing the business was doing over $1 million in sales  per year.  Each night there was a different theme including karaoke, live music & poker night.  There are 17 TV screens throughout the facility including one large wall screen perfect for watching your favorite ball games.  The second bar area can be used as a cigar bar as it has large sliding doors that opens to the large patio area, or convert to a game room and/or poker bar.  Great central meeting place for business and pleasure.


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2018-09-01_14.45.33

Background information

Reference:

82384

Year established:

2010 Present owner acquired in 2014.

Reason selling:

Absentee owner has several other bars and needs to reduce his holdings.

Finance

Sales:

$1,005,000

Profit type:

Discretionary Earnings

Operations

Employees:

15 + Manager

Equipment:

See list in file

Premises

Facility:

This is a free standing building with two bar areas, large dining room & full kitchen. The property has 18,130 sq. ft. plus street parking.

Square footage:

4883

Rent and lease terms:

This is a free standing building. The rent is $10,000 per month with a 10 year lease.

Location:

Inside Loop 610 area - Washington Ave.

Price and terms

Price:

$450,000

Financing:

Some seller financing is possible.

Training:

As needed

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