S420 - Absentee Run Bar in New Braunfels, TX

Absentee Run Bar in New Braunfels, TX

Location

City New Braunfels
State TX
County Comal

Financial Information

Asking Price $199,000 Show Loan Calculator
Down Payment
Annual Receipts $240,500
Cash Flow $70,000

General Information

Description This semi-absentee managed bar is located in a heavy foot traffic area of New Braunfels in the Texas Hill Country. The bar is easy to operate, as it has a very casual, relaxing atmosphere and does not serve food at this time. It has been in business for over 3 years and has great reviews from customers. Being in New Braunfels, it has both a loyal local client base and attracts tourists that visit the city as well. There is both indoor and outdoor patio seating to enjoy a cool and refreshing drink at an attractive lease rate. New owner can keep running as semi-absentee or can work full time in the business (cash flow is based on this scenario). The owner is selling as they have plans to move out of state but is willing to provide a meaningful training/transition period along with signing a non-compete acceptable to the buyer. This is structured as an asset sale and is neither an offer nor a solicitation to sell securities. Call Doug Scheiding at 210-348-8989 or email at info@bbofsa.com for more information.
Reason For Sale Moving out of state
Franchise No
Home Based No
Relocatable No
Year Established
Year Acquired
Employees 1 FT 1 PT

Building Information

Building Sq. Footage 1024 sq feet
Monthly Rent $1,605
Real Estate Available No

Contact Business Brokers of San Antonio for more information.