MergerPlace

Modern Tap House with Craft Beers & Tapa

North Dallas, Texas (Denton)


  • Asking Price: $189,000
  • Gross Income: $420,000
  • Cash Flow: $65,000
  • Real Estate: Not Disclosed
  • Inventory: $5,000
  • FF&E: $75,000
  • Listing ID: #216052
  • Established: 2017
  • Employees: 4FT/1PT

Business Description

Office ID: #000732

Prime location unique concept modern tap-house with a wide selection of craft beers and tapas is available for acquisition. This business was originally established in 2017 by the current owner of the business that works part-time managing the business. Most of the customers are upper-class Caucasian individuals with large amounts of disposable income from the surrounding densely populated residential neighborhoods from the borders of two large cities. Net sales average was $/year that is consistently increasing since the inception of the business due to the unique concept this business provides through their modern look as well as use of technology. Although not much marketing is done other than social media outlets, other proactive marketing methods need to be utilized to generate potential revenue and acquire new customers both cities. Competition is expected in this high population area, but there is no bar within the local area that has such a unique concept that is modernized with a wide selection of taps along with a minimalistic menu that is simple and easy to order. There are many ways to proactively market this business such as direct mailing, daily specials, happy hour, owner involvement, menu expansion, online marketing and additional social media marketing. Expanding the current menu selection while cycling craft beers will help generate much more income on a regular basis as well as attracting many individuals from both cities. This business has everything in place for a potential buyer to proactively market this business while being fully involved in the day-to-day business operation.


Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Texas
Metropolitan Area: North Dallas
County: Denton

Company Information

Year Established: 2017
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 4FT/1PT

Financial Information

Asking Price: $189,000
Gross Revenue: $420,000
Cash Flow: $65,000
FF&E: $75,000
Inventory: $5,000
Seller Financing Available: No

Property Information

Facilities:

This business is located in 1,960 SF retail strip center that is placed between two large population cities only open for evenings and optimally located to produce large amount of revenue.

Growth & expansion opportunities:

There is no proactive marketing other than some social media outlets. Alternative local marketing needs to be utilized to generate more income.

Competition:

Few competitors are within the immediate market area, but this business has a unique concept that other local bars can't imitate including the competition only allowing adults that limits their demographic.

Reason for selling:

Other Opportunities

Support & Training:

The owner of the business will provide the necessary training needed to smoothly transition into the business operation.

Contact Business Seller

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Business Listed By:

V-AID Group

www.v-aidgroup.com