Established and Profitable Neighborhood Bar in San Antonio

This family-owned neighborhood bar has served its customers for over 30 years! This is the quintessential bar where everyone knows your name. There is a loyal following of regulars who come to enjoy a drink after work or a night out, or to play a game and have fun with familiar faces. The bar serves a wide range of alcohol beverages including draft beer, and it boasts a full kitchen to make home cooked meals to go with the drinks. There are also a wide variety of games and activities available to the customers, as well as ample room for gatherings and parties. Revenue and discretionary earnings have remained consistent over the past several years, with the exception of 2020 due to COVID-19. Revenue is fast approaching pre-COVID levels of $420k/year and Seller’s Discretionary Earnings of $90k. Location: San Antonio, Texas Year Established: 1986 Number of Employees: 4 PT Real Estate: Leased Building Sq. Ft.: 3,300 Rent: $3,136.00 Per Month Lease Expiration: 12/31/2023 Facilities: The business is based in North Central San Antonio in a growing area of town. It is located in a neighborhood shopping center with plenty of parking. Market Outlook/ Competition: There are other competitors that compete in the same area as the subject business, but there are no major competitors who have the name and reputation to attract and retain the caliber of customers the company is working with. Growth & Expansion: This business has great potential to grow revenue by increasing its social media presence and offering more food products.