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Established Local Bar Sale

Cuyahoga County, Ohio, United States
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Asking Price$90,000
Revenue$96,000 EstablishedUndisclosed
Cash Flow$29,000 Employees4 part-time
FF&E$6,000 FranchiseNo
Inventory$2,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
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. The current owner is looking for 100% down on the business and is anxious to sell and will listen to all offers if you have the funds and the current owner is willing to work with the new owner for a month to ease the transition with the employees and clientele.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.Please call 1-877-735-5224 for further information. Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers
Training/Support:The seller will train the new owner.
Seller Financing:$70,000.00 Down and Seller will negotiate terms
Sale Reason:Doesn't have the time.
Ad #80620
Seller Reference #28224
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Contact This Seller
Steven Mencini
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