Established Bar & Event Venue

  • Texas
  • Nueces County
New
Established Bar & Event Venue

Asking Price: $ 1,500,000

Cash Flow: $400,000

Gross Revenue: $1,000,000

FF&E: $

Inventory: $

Year Started:

Business Description

Seize the rare opportunity to own a historic and thriving bar in the prime Coastal Bend area. This is one of the most popular gay bars in the area. This establishment has serviced it’s clientele while being a pillar of inclusivity, entertainment, and community engagement for over 40 years.

Business Highlights:
– Rich Legacy & Strong Reputation – One of the oldest bars in the region, with a loyal and diverse customer base.
– Prime Location with Real Estate Available – Sale includes three lots, ensuring long-term investment security.
– Expansive Venue & Capacity – Bar with a 200-person capacity, featuring large covered outdoor areas for year-round use.
– Versatile Event Space – Hosts a variety of community and nonprofit events.
– Food Service Potential – While not a restaurant, the venue incorporates food offerings for special events, utilizing BBQ pits and pop-up dining experiences.

Growth & Expansion Opportunities:
– Introduce an expanded food menu to enhance revenue streams.
– Increase special events, themed nights, and community gatherings.
– Leverage the outdoor space for live entertainment, private events, and seasonal celebrations.

Smooth Ownership Transition:
The current owner is willing to stay onboard to ensure a seamless transition and continued success.
This is an incredible opportunity to own a turnkey business with real estate in a niche market with strong community support.

Contact us for more details and to schedule a private showing.

Detailed Information

  • Location: Texas
  • Industries: Entertainment & Recreation
  • Employees: 11
  • Age of Business: 45
  • Reason for Selling: Retirement
  • Seller Financing: No
  • Real Estate for Sale: 600000

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