High Cash Flow Absentee Operated N Dallas Sports Bar

We are pleased to present you with this rare opportunity to own a new sports bar franchise in N Dallas with significant upside growth potential. In spite of the impact of Covid-19, and given that it was just newly built out and opened for business in mid 2019, this sports bar features a unique concept which has been quite popular with a growing fan base. It's appeal has driven the business revenue increase, by more than 30%, from $2.6M to $3.4M since 2019. Patrons enjoy a very popular and expansive menu of wings, nachos, steak, shrimp, soup & salads, and many other bar food favorites. Watch the many large screen TVs, relax at the bar, or just people watch and chat with its friendly staff. Patrons love its variety of food, spirits, and entertainment. This location could be run as absentee as its franchisor is currently only spending 1-2 hours per week overseeing the operations of this location. This location boasts solid books and records.It also features large and capable staff of 52 employees, including two lead bar tenders, two lead servers, 3 front of house, and 1 back of house managers. This turnkey location is being sold by its franchisor, as the first of a planned 50-state, nationwide expansion of the franchise brand. While this location's financials have been reviewed and approved by financing by an Preferred SBA Lender, the franchisor has not yet completed its application to the SBA so conventional financing or cash would be required for this acquisition. The franchisor is committed to facilitating smooth transitional support and training the new franchisee owner. Location: Dallas, Texas Year Established: 2019 Number of Employees: 52 Real Estate: Leased Building Sq. Ft.: 7,890 Rent: $18,738.00 Per Month Lease Expiration: 6/6/2024 Facilities: Newly built out in 2019. Business benefits from a 20 year lease option in the current space, with first option period ending in June of 2024. Growth & Expansion: The franchisor is making a considerable investment in marketing and advertising for the brand and for each franchise location. The marketing and advertising expenditure is believed to be adequate for this location today and well into the future. As the brand becomes more popular and recognized, its brand recognition will also become a driver of traffic to its various franchise locations. Growth vectors for the brand may lie in the establishment of loyalty programs that are so pervasive in the most recognized fast -food brands.