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Established Local Bar
Location: United States -> Ohio -> Cuyahoga County
Industry: Bars and Nightclubs > Bars and Pubs




Business Summary

Nice local bar that serves only beer & liquor but has a kitchen that is currently not being used. Property sits on a main street with lots of traffic in a residential neighborhood with some commercial business right in the neighborhood. The bar is clean and offers a nice patio and pool tables. No food is currently being served but the bar is furnished with a full kitchen that is just waiting to be put to use. The bar is currently open on Fri - Sat - Sun and the next owner could easily increase profits by expanding the hours and opening up the kitchen, the current owner has not done this because they just don't have the time. The bar also offers lotto - keno and pull tabs, has a juke box, ATM machine and TV's. The current owner also owns the property and the next owner of the bar will have the option of also purchasing the property now or in the future. If the next owner chooses to lease the property than the rent will be a very low $1100 a month. All this opportunity needs is the right owner to give this bar some TLC, open the kitchen and expand the hours and turn this bar into a bar/restaurant and take it to an elite level and double or triple the profits. Don't let this opportunity pass you by, take a closer look. The current owner is willing to negotiate the price and down payment with the right buyer.
Please call 1-877-735-5224 for further information.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $96,000
Cash Flow:   $29,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $2,000
Seller Financing:  No

About The Business

Year Established:  2010
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  The seller will train the new owner.
Reason For Selling:  Doesn't have the time.

Photos

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Established Local Bar Photo 1




Print Listing Id: 700259347
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Related Searches: Bars and Pubs  >  Nightclubs  >  Other Bars and Nightclubs  > 

Also See: Franchise Opportunities > Franchise Resales > Ohio Businesses For Sale > Ohio Franchises For Sale > Ohio Business Brokers



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