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$190,000 (Furniture / Fixtures and Inventory / Stock included)

Hill Country Bar & Restaurant With Live Music For Sal

  • Turnover: $446,000
  • City: Texas HIll Country
  • State: Texas
  • Country: United States
  • Cash Flow: Available on request
  • Listed: October 26, 2010 3:27 am
  • Expires: This ad has expired

Description

Business description

This is a fantastic opportunity to purchase an iconic Texas Hill Country bar with live music at a very reasonable price. It also includes a recently installed full service kitchen providing bar and sit down dinners. It is a favorite of locals and tourists alike. It is open seven days a week and has established, experienced employees. This business would do well with an owner/operator as it has been run passively for most of the past 6 months. Revenue of $446k for the past twelve months with room for growth.

Purchase includes over $100k in renovations completed in the past two years, Point of Sale System, $6k inventory, and over $50k in equipment. Owner has other business interests but willing to stay on for smooth transition. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities.

Property information

Real Estate:
Lease

Lease terms:
$2,050 per month

Location:
2,000 sq. ft. building & 1,000 sq. ft. outdoor deck

Size in square feet:
2,000

Business Operation

Reasons for selling:
Other Business Interests

Trading hours:
Monday-Sunday 11:00am – 2:00am

Employees:
1 Full/ 7 Part

Years established:
5 years

Other information

Support & training:
Seller will provide training

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