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This thriving Spring, Texas bar and grill, established in 2007, is offered for sale at $499,000. Boasting 8,230 square feet of space, it features a fully equipped kitchen with multiple fryers, a grill, flat top griddle, convection oven, walk-in cooler, and ample prep areas. The spacious interior comfortably seats 150 patrons, complemented by a fantastic patio. Entertainment options include pool, darts, shuffleboard, and golden tee, along with numerous TVs for sports viewing. The current lease expires December 2024, with two five-year options available. The current monthly rent, including NNN charges, is $15,652 ($2.38 per square foot). The business enjoys a strong local following, built over 17 years, with significant potential for growth through menu expansion and increased customer frequency. Financial records indicate a gross revenue of $1,584,593 and a cash flow of $198,917 annually, representing a substantial owner take-home of $200,000. The sale includes all equipment, including a POS system, dual-head frozen drink machine, and a comprehensive inventory of barware and kitchenware. This turnkey operation presents a unique opportunity for an experienced restaurateur or investor seeking a profitable and established business in a prime location. Financing may be available with a 20% down payment. The seller is motivated by a career change.
Highlights
Property is not confidential.
Not a franchise.
Not an asset sale.
Asking price: $499,000.
Gross revenue: $1,584,593.
Cash flow: $198,917.
Property Details
for 000 In Owner Take Home Annually!
Property type
Other retail properties, Restaurants
Square Feet
8,230 SF
Year Built
2007
Location Insight
City
Spring
County
Harris
State
Texas
Latitude
30.0314279
Longitude
-95.5302337
000 In Owner Take Home Annually!, Spring, Texas
Nearby Similar for Sale
For Sale
$199,000
Franchise Sandwich Shop For Sale With Over $70K In Annual Owner Benefit!
Restaurants • 1,900 SF
Franchise Sandwich Shop For Sale With Over $70K In Annual Owner Benefit!
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000 In Owner Take Home Annually!, Spring, Texas, 77379
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.