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Established Bar, Restaurant, Private Dining, and Brewery that has been operating since 2015. It is a booming establishment re-birthed around culture, flavor, and fun. Solid sales and committed patrons. Located in Alvin with easy access to local towns. Open for lunch and dinner with a menu ranging from typical bar foods to exquisite entrees. Solid YOY sales income $1.9m~$2.1m and NOI 8%~10%. Please email me for CONFIDENTIALITY AND NON-DISCLOSURE AGREEMENT. Upon completion, we can provide you with a full Offering Memorandum, inventory, and last 3 years of financial performance. This restaurant not only survived during the pandemic but actually thrived with increase sales. Don't miss out. This is a great opportunity! Location: Alvin, Texas Year Established: 2015 Number of Employees: 10 Home Based: Yes Real Estate: Leased Building Sq. Ft.: 6,500 Rent: $5,500.00 Per Month Lease Expiration: 1/31/2029 Facilities: Full Bar complete with all kitchen equipment and several full walk-in refrigerators. Beer Brewing equipment complete with ROWPU system. Market Outlook/ Competition: The competitive landscape is soft with one new local competitor operating in a different specialty. National food chains/restaurants are emerging but operating in a different categories with one pub style offering. However, Alvin bar/food choices are extremely limited and this business is the first local choice. Growth & Expansion: • Start micro-brewing again • Market private dining room • Capital Improvement: table and chairs
Listed: Apr 14, 2022
Updated: 4 days ago
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