Bar and Grill for Sale in North Dallas 001489
Price: $600,000
Location: Denton County, Texas
Industry: Restaurants & Food/Bars, Pubs & Taverns
Listing ID: 001489
Bar and grill for sale! An established full-service bar and grill is now available for sale in a busy north Dallas suburb. This business is located in a high-traffic, mixed-use development. This popular venue features a full kitchen with a diverse brunch and dinner menu, including appetizers, entrees, soups, salads, desserts, and a variety of mixed drinks. Known for its vibrant nightlife, the business offers live entertainment, including DJs and live bands, as well as hookah and cigar offerings.
The space spans 3,400 sq. ft. (approximately) and is fully furnished with a sleek modern aesthetic and includes both a covered, temperature-controlled patio and a gravel outdoor seating area, creating ample space for guests to enjoy. The business benefits from a diverse customer base, including corporate clients during weekdays, and stands out due to its exceptional service, quality food and drinks, and dynamic events.
With a strong online presence, positive reviews, and an engaged social media following, the business has seen consistent growth. The current owner is involved in daily operations but there is potential to reduce involvement through staffing changes. This is a great opportunity for a new owner to take over an established business in a high-demand area, with significant potential for continued success.
Down Payment: $150,000
Total Sales: $1,264,306
Cash Flow: $209,636
Inventory: $35,000 (Not Included in listed price)
FFE: $60,000 (Included in listed price)
Owner Financing: No
Franchise: No
Real Estate: No
Relocatable/Home-based: No
Reason For Sale:
Other Opportunities
Training & Support:
The owner will provide two (2) weeks of training.
Year Established: 2018
Employees: 5FT/11PT
Absentee Owner: No
Square Footage: 3,430 SF
Facilities Information:
The business operates in a 3,600 sq. ft. (approximately) leased facility, excluding the covered, temperature-controlled patio and open gravel seating area. The space boasts a modern aesthetic, with stylish furniture that creates a visually appealing and comfortable atmosphere for guests to enjoy.
Competition:
There is competition nearby but this area exhibits a high demand for this industry. This business maintains a competitive edge with high-quality service and events.
Potential Growth:
The unused outdoor gravel seating area offers a great opportunity for a new owner. This pet-friendly space with trees and lights could provide a unique outdoor experience. The covered patio could also be used for private events, such as birthdays or weddings, an area with growing interest that a new owner could capitalize on.
Financing/Terms:
100% down at the time of closing or 25-30% Cash Down with SBA Financing for Qualified Buyers with Industry Experience.
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