Bar in Fort Worth TX
Buy a bar! An established one of a kind bar in Fort Worth, TX is now available for acquisition. This bar has been a popular nightlife destination since its founding in 2014. Known for its vibrant atmosphere enhancing the social experience for guests. The bar includes an indoor heated pool, retractable roof, and a dedicated shot bar, offering a wide range of beverages to cater to all tastes.
Located in a bustling entertainment district, the venue attracts significant foot traffic due to its proximity to luxury residences and a variety of dining options. With convenient public parking nearby, it is highly visible and easily accessible for both locals and visitors.
The bar spans two buildings with ample space, including a spacious patio area surrounded by greenery, allowing for a year-round enjoyable experience. It ranks among the top bars in beverage sales in its competitive area, thanks to the shot bar, along with the unique interior design and features. Competition is limited due to recent rezoning which prevents new competitor openings.
Effective use of social media has helped the bar build a loyal customer base, and it benefits from a strong online presence. With the completion of a nearby luxury hotel, growth potential is substantial. Future owners may also consider introducing food options or leasing the existing kitchen to a local chef to enhance revenue.
The bar is currently owner absentee with a General Manager (GM) in place, who effectively manages the operations. This bar represents a rare opportunity for a qualified buyer to step into an established bar poised for continued success.
Furniture, Fixtures & Equipment: $250,000 (Included in listed price)
Inventory: $30,000 (Not Included in listed price)
Financing: 100% cash at closing or SBA financing with 20-30% cash down available for qualified buyers.
Seller Financing Available with $100,000 down and $75,000 Seller Financing.
Year Established: 2014
Employees: 1FT/14PT
Facilities: Located in one of Tarrant County's vibrant entertainment districts, this bar benefits from a prime location surrounded by upscale residences and various dining options, attracting a steady flow of visitors. With convenient public parking nearby, it is easily accessible.
The venue includes two buildings and a spacious patio area, offering plenty of space for patrons to enjoy. The inviting outdoor and indoor settings with a retractable roof provide a unique year-round experience.
Support/Training: The owner will provide ample training for a smooth transition into the business.
Reason Selling: Other Opportunities
Competition: This bar ranks among the top-performing bars within a 3-mile area containing numerous bars. It stands out due to its spacious indoor and outdoor areas, and unique party theme atmosphere. Recent rezoning and development have also limited new competitors, enhancing its market position.
Growth And Expansion: With the completion of a nearby luxury hotel, growth potential is substantial. Future owners may also consider introducing food options or leasing the existing kitchen to a local chef to enhance revenue.
Financials (USD)
Asking Price $175,000
Cash Flow $209,388
Sales $1,139,759
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Yes
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? No
Management will stay? Available On Request
Relocatable? No
Real Estate? No
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