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Businesses For Sale > Business For Sale in Arlington, Tarrant County, Texas (TX)
Profitable Bar-Restaurant needs new owner #17161 for sale in Arlington, Tarrant County, TX
Arlington, Tarrant County, Texas (TX)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 120,000 |
$ 388,372 |
$ 120,967 |
Furniture and Fixtures Value:
$ 50,000 (included in the asking price)
Inventory Value:
$ 15,000 (included in the asking price)
Business Summary:
Currently operates as an upscale casual NY Style pizza, pasta, shrimp, veal and chicken restaurant bar serving lunch & dinner. BUT the real potential is as a neighborhood bar catering to bar patrons. The site offers dine-in, take-out, delivery and catering. The full bar offers ice-cold long-draw draught beer and full liquor service. The seller will assist a purchaser to improve the bar concept and greatly INCREASE the profitability. Seller to prove numbers to qualified experienced bar-food operator. Price $120,000 with $80,000 down and $40k seller financing for 3 years @ 6% (Approximate monthly payments $1,217). Located in Arlington - Pantego - Dalworthington Gardens area. Smoking is grandfathered.
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| Year
Business was Established: 2004 |
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| Number of Employees:
6 |
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| Facilities / Terms of Lease:
Located on busy road with good access. Stand-alone 2800 SF building with ample parking. Long-term lease available $3000 + options. Adaptable to multiple concepts. |
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| Potential
Growth/Expansion:
Many opportunities to grow: 1) develop existing outside patio, 2) add live music, 3) advertise late-night bar, 4) add karaoke night, 5) improve bar theme will appeal to local patrons - reduce restaurant theme. |
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| Owner
willing to finance:
$80k down, $40k financed for 3 years at 6%, $1217/month |
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| Owner
willing to train:
2 to 4 weeks and telephone support thereafter |
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| Reason for selling:
Owner has started/grown business and is ready for his next venture |
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Seller Reference Number: 17161 Itly
BusinessMart.com Listing Number: 68222 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Jeff Adam
Adam Noble Group
817-467-2161
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