SOLD – Bar in Dallas

Business Description

High volume Bar placed in the epicenter of Dallas with a modernized build-out is available for acquisition. This business was originally established over a decade ago in 2003 and was later acquired by the current owner in 2018. Most of the customers are upper-class individuals that live in the surrounding densely populated affluent apartment complexes and work in the high-rise office buildings that fill the area. Although some marketing is already in place through various outlets, proactive marketing in the local area utilizing all available resources is necessary for this business to acquire new customers outside their local area and increase cash flow. There are many ways to proactively market this type of business such as direct mailing, flyers, happy hour, specials, events, social media outlets, and full-time owner involvement. Competition can be expected as this industry is fairly large and consistently growing, but this facility is extremely well-built that is easily visible from all sides of the street and the population of the local area far exceeds the number of bars in the general area. Full-time owner-operator will help this business grow tremendously as the owner will be able to manage customer relations and cut some payroll expenses used to manage the business. This high-end bar in a prime location of Dallas has everything in place for a potential buyer to proactively involve themselves in the business while maintaining the quality of the business.