mattgenot
Posts: 1
Joined: 1/29/2009
Status: offline
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Financials
Asking: $59,900
Included in the Asking Price:
Furniture, Fixtures & Equipment: $20,000
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Gross: Not Disclosed
Cash Flow: Not Disclosed
Summary Description
The opportunity to purchase an exsisting bar in " The Historic Warehouse District " near the Mudhen's stadium with a $130,000 build out. Furnishings, equipment, and the transfer of an invaluable liquor license makes this a golden " Turn Key " occasion to make immediate income ! Marketing is required, and the buyer of this business must have a unique vision to make it their own. A historic area like this requires unique businesses that can only be found downtown. A certain name, atmosphere and target clientele must be identified in order to be successful. If you have a vision to own a unique bar in Downtown Toledo, then this opportunity is for You !
General Information
Year Established: 2002
Employees: 3
Facilities: This Bar is located in Downtown Toledo's Historic Warehouse District near the Toledo Mud Hen's Stadium.The area offers unique architecture and atmosphere which cannot be duplicated anywhere else in town. The bar has over 1,000 Sq.Ft.,seats over 30 patrons at a time, has a beautiful granite bar,and newer equipment.The Furniture, Fixtures, & Equipment are included in the sale, and is valued at $20,000. The lease is very reasonable at $1,000.00 a Month,and utilities run around $400.00 a month. THIS ONE WON'T LAST!
Market Outlook
Competition: This is a very unique bar for the area.The Downtown Toledo Bar market is growing with different clubs coming into the area all the time. This one is already established, and can only grow from here!
Growth and Expansion: The growth of this business can be increased by rextending the current hours, adding a food menu to offer lunch and/or dinner, catering and promote more private party business.
About the Sale
Reason Selling: Seller owns multiple businesses, can't devote sufficient time to all
Contact Information
Matthew Genot
Lazarus Financial Group
Phone: 419-913-2589
About this broker: Visit their Web Page
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Downtown Toledo Ohio Bar for sale - 
