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Dive Bar In South East Houston


Cockpit Bar & Grill is a Houston institution: an aviation-themed neighborhood bar with more than four decades of continuous operation in the heart of the Hobby Airport corridor. Established in 1984 and acquired by its current ownership in October 2010, the business occupies a 2,784-square-foot space at 8101 Airport Blvd, directly across from William P. Hobby Airport. Its position adjacent to a Hilton hotel and within walking distance of several additional lodging properties makes it a natural gathering point for the dense population of airline employees, hotel workers, and travelers who define its core clientele.

For more than fifteen years, the business has maintained a loyal, repeat customer base through economic cycles, including a global pandemic, with no paid advertising and no outside employees. That resilience is a function of location, brand familiarity, and the irreplaceable character of a place that airport insiders treat as their own.

Hobby Airport is now in an active expansion phase, with a quantifiable influx of new employees and travelers on the horizon. This offering presents a qualified buyer with a rare opportunity to acquire a cash-flowing, operationally straightforward business at the direct entry point of that growth.



Listed By: Erin Fitzpatrick

Background information

Reference:

HTX01-1090

Year established:

1984

Reason selling:

Retirement

Finance

Sales:

$63,270

Profits:

$15,285

Profit type:

Discretionary Earnings

Operations

Employees:

0

Equipment:

Low FMV $22,505 High FMV $56,910 BAR EQUIPMENT • 32" flat screen TVs (11) • Walk-in cooler, 7x7 ft, 15-line draft capacity, 3 yrs (1) • Aluminum cooler racks for kegs/storage (2) • 4-tier resin cooler storage shelving unit (1) • BIB soda/mixer dispenser gun carbonation system, 8-head, 1 yr old (1) • Ice well with drainage (1) • Ice well, not connected (1) • 50" x 24" stainless steel table, glass/BIB storage (1) • 72" reach-in bottle cooler with top shelf (1) • 50" reach-in beer cooler with top shelf (1) • 21" x 30" glass door cooler (1) • 4-tier under-counter black wire shelving units (2) • 3-compartment stainless steel glass wash sink (1) • Wall-mount stainless steel hand wash/dump sink (1) • Mountable liquor speed rails, various sizes (4) • Plastic 3-tier liquor behind-bar displays (2) • 500 lb ice machine, 2 yrs old (1) • 5-gal safe-service acrylic ice buckets (2) • 6-tier behind-bar liquor grab-and-go storage (1) • Square POS system with printer and cash drawer (1) • Backup IBM cash register (1) • Change dispenser with keys (1) SEATING AND FURNITURE • High-back bar chairs (18) • Padded bar stools (33) • Standard height 29" tables (5) • High-top 42" tables (9) • Standard chairs (14) • Outdoor 42" tables (4) • Outdoor chairs (10) • 2-seat 29" booth (1) • 3-row aircraft seating units (5) • Full-size black leather sofa (1) GLASSWARE AND BAR SUPPLIES • Cases of assorted glasses, pints/specialty/brand-specific (15 cases) • Assorted glassware in use behind bar, approx. 6 dz pieces (1 lot) • Chrome bottle pourers, approx. 5 dz (1 lot) • Straw/napkin caddies with spill mats (4) • Store-and-pour containers with color-coordinated lids (6) • 4-compartment lidded garnish trays (4) AUDIO / VISUAL • Peavey 150W power amp PA system with speakers and detachable stands (1) • Pool table lights (2) SIGNAGE AND DECOR • Bar neon and beer advertisement signage (14 pieces) • Vintage Neon Cockpit front-of-building sign (1) • Free-standing inoperable roadside neon sign (1) • Roadside signage with 2 full sets of interchangeable letters/numbers (1) • Airline memorabilia: vintage signs, scale aircraft models, framed art, stanchions, luggage measurement devices (1 lot) • Small mounted star-insert light fixtures (3) • Large unmounted star-insert light fixture (1) • Hard-wired emergency exit signs (6) KITCHEN EQUIPMENT • Walk-in cooler, 7x7 ft (1) • Overhead exhaust/suppression system (1) • Electric pizza ovens, 13" x 3", tabletop (4) • Double-basket electric deep fryer (1) • 16" x 18" flat griddle (1) • Stainless steel tables, various sizes (5) • Stainless steel shelving units (2) • Electric tabletop steam table with dividers (1) • Electric deli slicer (1) • Side-by-side refrigerator/freezer (1) • Upright storage freezers (2) • Domestic 1100W microwave oven (1) • Stainless steel steam table pans, various sizes (47 pcs, lot) • 8 ft stainless steel shelving unit, unmounted (1) • 4 ft 5-shelf wire storage rack (1) • Tabletop combo convection oven (1) • Large capacity electric roasters (2) • Tabletop electric burners (3) • Stainless steel utility sink, not connected (1) • Plastic fast food baskets (20) • Aluminum pizza serving pans (6) • Cast iron skillet (1) • Cast iron griddle (1) • Household 18" electric tabletop griddle (1) • Crockpots, 1 large and 1 small (2) • Portable insulated catering food-warm cabinet (1) • 3-compartment stainless steel sink with spray nozzle (1) • Hand sink (1) • 4-burner gas range/oven, disconnected (1) • Gas char grill with cast iron grates, disconnected (1) • 3-speed hand mixer (1) • 3 qt food processor (1) • Assorted utensils: ladles, scoops, knives, flatware, china (1 lot) UTILITIES AND MISC • 100-gallon water heater, 1 yr old (1) • 10-gallon water/air fans (2) • Overhead ceiling fans (3) • Space heaters (4) • Assorted fans (5) • Mop buckets with wringers (2) • Mops with washable heads (4) • Assorted waste receptacles (10) • Fire extinguisher, dry, bar (1) • Fire extinguishers, 2 dry and 1 wet, kitchen (3) • Rubber floor mats (3) • Center pull hand towel dispensers (2) • Restroom wet floor safety signage (2)

Inventory:

Approximately $1,500 to $2,000 at wholesale cost (alcohol on hand) No. Inventory to be purchased separately at cost at closing. Maintained at lean, working levels consistent with operating needs; no excess stock carried.

Furniture fixtures and equipment:

LEASED EQUIPMENT: 2 pool tables, 2 dartboards, and 1 jukebox under a revenue-sharing lease

Premises

Facility:

The footprint spans two combined storefronts, offering flexible seating, event potential, and room to grow. The aviation theme is baked into the design and gives the concept a identity that guests remember.

Square footage:

2,784 sq ft (two storefronts, combined under single lease)

Rent and lease terms:

Leased. $4,020 per month (includes CAM fees of approximately $570). Expiration March 31, 2028. Strong landlord relationship.

Location:

The business occupies two combined storefronts totaling 2,784 square feet at 8101 Airport Blvd (Suite 11) in Houston, Texas 77061. The location sits directly across from William P. Hobby Airport and adjacent to a Hilton hotel, with additional lodging properties within immediate walking distance. Airport Boulevard is a primary surface corridor serving Hobby's ground-level traffic, making the business naturally visible to the flow of airline employees, hotel guests, and travelers arriving and departing the area throughout the day and night.

Opportunities

Growth:

Opportunities • Airport Corridor Expansion: Southwest Airlines' seven-gate expansion at Hobby Airport brings approximately 10,000 new corridor employees by year-end, directly expanding the primary customer demographic with no marketing effort required. • Underserved Late-Night Market: No full-service food or bar concept currently serves the Hobby corridor during evening and late-night hours. This is a structural gap with no meaningful near-term competition. • Early Morning Airport Worker Segment: TABC permits the business to open as early as 7:00 AM. The morning shift change at Hobby Airport is a natural, high-density audience the business currently does not serve at all. • Houston Hotel Corridor Growth: The Hobby Airport area continues to see hotel development and renovation, expanding the pool of hotel workers and business travelers who represent a core secondary demographic for the business. • Live Music Demand: Houston's strong live music culture and the absence of any live music venue in the immediate Hobby corridor creates a clear differentiation opportunity for an incoming owner.

Market:

The neighborhood bar and tavern segment of the U.S. food and beverage industry is a $30+ billion annual market driven by recurring, habitual patronage. Unlike full-service restaurants, which compete on menu differentiation and experience curation, neighborhood bars compete principally on proximity, familiarity, and community. These are attributes that are difficult for new entrants to manufacture and that compound in value over time. Establishments with a defined sense of place and a loyal core demographic consistently outperform those that rely on novelty or foot traffic alone. Airport-adjacent bars occupy a particularly defensible niche within this category. The combination of a captive, time-sensitive customer base (travelers, airline crew, and airport workers who need to decompress within a limited geographic radius) and a recurring transient audience creates natural demand that is insulated from the competitive dynamics affecting urban entertainment districts. Airport corridor venues benefit from structural demand regardless of broader discretionary spending trends, as airline travel continues to grow and airport employment remains a stable, well-compensated sector. The Houston metropolitan area is one of the most economically dynamic markets in the United States, with a population exceeding 7 million and a diverse economic base anchored in energy, healthcare, aerospace, and logistics. William P. Hobby Airport serves primarily Southwest Airlines and is one of the top 25 busiest airports in the country by passenger volume. The ongoing expansion of Hobby, including the addition of seven new Southwest Airlines gates and a projected 10,000 additional employees within the airport corridor by the end of the current year, represents a direct and quantifiable expansion of this business's addressable market.

Price and terms

Price:

$125,000

Financing:

Seller is willing to consider up to 25% seller-financing.

Training:

The sellers are genuine in their desire to ensure a smooth transition. Charlie's institutional knowledge of the bar's clientele, rhythms, and operations is substantial, and Ted's familiarity with the administrative and regulatory requirements of running a TABC-licensed establishment adds a second layer of value to the transition period. A buyer who engages with the transition fully will inherit not just the physical business but the relationships and routines that have kept it running. The seller has agreed to allow the buyer to continue operating under the existing TABC license for up to 90 days following closing while the buyer's own application is processed, subject to the seller's active oversight and full compliance with TABC provisions. This provision is intended to prevent operational interruption during the licensing transition.