Discover a hotspot in McAllen, Texas! Sunbelt of South Texas is pleased to present this stylish restaurant and bar that offers a vibrant social scene with high-end drinks and a contemporary design. Despite its short history, it's already a local favorite, boasting strong branding and impressive financial performance. An exceptional opportunity awaits!
Financial Information
$1,700,000
Asking Price
$330,730
Cash Flow
$1,862,393
Gross Revenue
Negotiable
Down Payment
Yes
Financing
N/A
Adjusted EBITDA
Business Location
City:
McAllen
State:Texas
Financing Comments
Seller financing available for the right buyer.
Detailed information
Year Established:2023
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 6
Part-Time Employees:24
Contractors:N/A
Owner Worked Hours/w:10
Inventory Included: Yes
Inventory Value:
$30,000
Monthly Rent:
$9,900
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
N/A
Building Size: 4748
FF&E Included?: No
Training/Support
Up to 4 months of support by current owners to ensure an orderly transition.
Facilities
The transaction includes inventory, equipment, furniture, and fixtures.
Real Estate Description
The facilities include a chic, contemporary dining area designed for an exceptional culinary experience and an impressive bar that offers high-end drink options in a stylish setting. Every detail has been thoughtfully crafted to provide a premium experience for guests. Current space includes:
3,166 Sqft Restaurant Indoor
1,010 Sqft Patio
572 Sqft Lobby