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Restaurant/Bar and Pool Hall Craft Beer

Longview, TX (Gregg County)

Restaurant/Bar and Pool Hall Craft Beer
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Asking Price: $60,000

Cash Flow: $48,000

Gross Revenue: $480,000

EBITDA: N/A

FF&E: $45,000

Inventory: N/A

Rent: $3,400 /Month

Established: 2019

Restaurant/Bar and Pool Hall Craft Beer

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Business Description

Great bar, restaurant and pool hall available

Great opportunity to own two business. One side is a restaurant and full bar. The other side of the building is a pool hall arcade and beer. Beautiful brick walls high ceilings and a large stage for live music. Hard wired sound system built in with stage lighting! Downtown location with growth happening in all areas. New investments next door with a high end steakhouse being built out. This is a fantastic opportunity to have two business for the price of the assets and build out. Current owner is absentee and has other business that consumes time and focus.
6 pool tables, arcade games, air hockey and dart boards
Business is priced for a quick sale!

Detailed Information

Location:
Longview, TX
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
9/30/2020
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All kitchen, bar, tables and chairs included in sale
Competition:
Fantastic market and opportunity for growth.
Support & Training:
Current manager is able to stay if desired
Reason for Selling:
Need to focus on other business
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Business Listed By:
Jefd Kannard

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