Fort Worth Restaurant/Bar - Full Liquor License-Profitable

, Texas 9 views 0 favorites

Financial Highlights
Asking Price
$495,000
Revenue
$950,000
Business Description

Profitable and growing Restaurant that is ready to operate. Recently went thru a 75K renovation in July 2021. All new floors, tables, chairs, walls, tv, POS system, china, smallwares, and patio. Seller is ready to retire and is motivated to sell. HIGHLIGHTS *Restaurant/Late Night Entertainment was approaching 1 Million Dollars in Sales *2900 sq ft inside *Covered patio with new tv's and furntiure *Comes with proven menu and all recipes and vendor relationships *Considerable online presence through FB and other media outlets(all available to the public) *Great location and foot traffic located near TCU, Fort Worth, Tx. *Serving American style lunch and dinner with an emphasis on fresh seafood. * Selling Price includes all inventories, furniture, fixtures and equipment. Including desks, office equipment, decor elements, computers, POS system, security system, sound system, pots and pans, dishes, display cases, walk-ins, reachins, and more. Great location in busy TCU area serving lunch and dinner 7 days per week and a very successful brunch on Saturday and Sunday. Restaurant was profitable even during Covid and invested in a summer renovation project. Pandemic. Great parking in a private parking lot that attracts local residents year round and the TCU student/faculty population during the school year. Owner is willing to sell entire S-Corp which will save you upwards of $25K in opening cost. Liquor license is transferable for the approved buyer. The license includes the ability to sell until 2:00 A.M. Currently the restaurant is in the busiest season of the year and has recently experienced its busiest quarter ever. Potential to generate additional revenue by extending current hours till 2AM on weekends. The listing and sale of this business is represented exclusively by BH, Inc. You are asked not to disturb the employees or guest. Interested parties are instructed to contact the the party listed below. Contact listing broker for more pictures, floor plan and additional information. Location: Fort Worth, Texas Year Established: 2012 Number of Employees: 18 Real Estate: Leased Building Sq. Ft.: 3,900 Rent: $11,500.00 Per Month Lease Expiration: 6/5/2027 Facilities: Sale includes all furnishings, equipment, office equipment, POS, security system, phone system - all elements currently being utilized to run the facility. Market Outlook/ Competition: Continued growth with record sales for the past 12 months Growth & Expansion: New owner can develop late night bar sales from 10pm - 2am along with numerous private events already on the books. Estimated income added would be in excess of 300K.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 6 days ago

Views: 9

Favorites: 0