Dallas Business For Sale in Texas - Dallas / Fort Worth/ Irving Conversion Restaurant -Bar -Club #19630 BEST OFFER
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Listing View: Irving Conversion Restaurant -Bar -Club #19630 BEST OFFER - Dallas, Texas


Irving Conversion Restaurant -bar -club #19630 Best Offer
Dallas, Texas

Offered at:
$120,000

Office Listing #   19630
Revenue: $300,000 / year
Cash Flow: $50,000 / year
Lease Rent: Contact For Info
Square Feet: 3,500

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 Listing Description

MegaBite Restaurant Brokers LLC offers, for your ownership consideration, a RESTAURANT or BAR CONVERSION OPPORTUNITY. The location is currently a newly-established upscale dinner club with live jazz in Irving, Texas. Guests will enjoy live music, full menu, open bar, dance floor, private lounge, patio area, plush surroundings and delicious food. The restaurant is located in a strip center on an outside corner and consists of ~3500 SF with a patio. It has an open bar, two separate lounge rooms, a 3rd private cozy lounge, dance floor, raised live music stage (~15''x20''), large fully-equipped kitchen and prep area, ~14x8 walk-in cooler, dry storage, restrooms. The owner leased the current space in 2010, converted from a Mexican restaurant, renovated, purchased new equipment and opened the current concept Sept 2011. He built the business by creating a great atmosphere offering excellent music, delicious food and drinks, all prepared and served by attentive staff. The owner plans to relocate to Houston and open a new business venture. The asking price for the assets of the business is $120,000 or BEST OFFER. The seller prefers ALL-CASH but is willing to finance to a qualified buyer. The assets include inventory at cost of $5,000 and FFE (Furniture, Fixtures and Equipment) valued at $42,000.

General Information
Contact Information
Organization:   LLC
Year Established:   2011
Current Owner:   Contact For Info
# of Employees:   6
Square Foot/Size:   3,500
License(s) Required:   Contact For Info
Reason For Sale:   Business opportunity in another city.
     
Financial Information
Revenue:   $300,000 / year
Cash Flow:   $50,000 / year
Payroll:   Contact For Info
Current  Inventory:   $5,000
FF&E:   $42,000
     
Financing Information
Down Payment:   60,000
All Cash:   120,000
Listed by:   Jeff Adam
 A Megabite Restaurant & Bar Brokers
Email: Email Seller
Phone:  817-467-2161
Fax:  1-877-467-2161
Website:  www.megabite-rb.com
Listings:  See All Listings by Broker
Profile:  View Broker Profile
      Confidential Statement: Download


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Disclaimer
The information in this listing has been provided by the seller or broker stated in the contact section of the listing profile. As such, Business For Sale Exchange has no claim in the sale of this business and has not independently verified any of such information and assumes no responsibility for its accuracy or completeness.
 
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