Retail - Bars/Taverns | Retail - Other Eating & Drinking Places

$Seller Financing Available

Asking Price	$175,000	Inventory	$7000*
Gross Income	$504,000	Real Estate
Cash Flow	$85,596	Year Established	2009
FF&E	$100,000*	Employees	N/A

* included in the asking price

** not included in the asking price

This is a large 4,875 square foot Bar and Grill located in Friendswood, south of Houston in the Clear Lake area. There is a full Bar in addition to a large kitchen with walk-ins and a hood for frying. They serve a variety of food including Hamburgers, Wings, Salads, etc. The mix is approximately 50% food and 50% Bar. They offer live bands on Friday and Saturday nights. They have Landlord approval to put in a large outside patio but the present owner has not yet done so. Open only a short time and already profitable. The owner lives in Katy and it is just too far for him to travel so he wants to sell the business. There are 4 years remaining on the lease and there is a 5 year option. The vending is on a 50% basis.

Seller Financing Available: Yes

Financing: 65000

Support/Training: Available

Reason Selling: Owner lives in Katy. Too far to travel.