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.
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