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Business For Sale. Famous Texas Bar, Grill And Nightclub

LISTING DETAILS
Firms For Sale ID:
35052
Vendor reference:
9014bwja
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Asking price:
$2,000,000
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$1,739,000
Net profit / cashflow:
$555,000
Years established:
21
Number of employees:
20
Business website:

OTHER DETAILS
Support and training:
Owner will transition the Company on an as needed basis following an initial training period
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
The fun began when the nightclub opened in the summer of 1998. With a live music venue and night club atmosphere, the home town was not the same after the club took a bold approach to bring in top-notch entertainers. This guaranteed that club attendees were sure to see an amazing show almost any night of the week. Whether it is just friends, a special occasion for its terrific restaurants and bar, or just for a night of fun, The nightclub andd excellent restaurant services continues to provide a fun atmosphere and good vibes for a fantastic evening. Services include: Name Brand Entertainment, Wood Plank Dance Floors, Comfortable Enclosed Bars, Top Rated Restaurants, Game Rooms, Meeting Rooms, Banquet Rooms, Special & Event Planning & Weekly Specials

Expansion Potential
The nightclub and restaurants continues to offer a pivot point in both music and good food which has historically proven to be a key factor in drawing customers. Additionally, the club constantly draws visitors from Cleburne, Fort Worth and surrounding counties.
In the past two years, the management says that the club has been concentrating on the quality of service and food presentations. As their first impression regarding growth, they are continuing to draw local name brand entertainment, however, bookings for non-resident entertainment has not met the frequency of past years. Resuming Nashville Country star bookings and offering more banquet style events would not only increase both the revenues for entertainment and food services, but also utilize all services in a positive direction.

Market / Competition / Non-Competition Agreements
There is basically no competition in the area.. The nearest similar bar, services and live entertainment is located in Fort Worth, Houston, Dallas, San Antonio and Austin.