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Asking Price:	$950,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Bars, Clubs, Nightspots
Reason for Selling:	retiring! Owner ready to enjoy time off!
Year Established:	1993
# of Employees:	4 full time / 8 part time
Yearly Gross Income:	$350,000

Business for Sale Overview:

Here Is A Deal You Can't Pass Up! Own income producing Property and Business. 3,000 square feet Restaurant/Bar with seating for 150 plus. Full kitchen, Large bar, large dining area with pool tables and VIP lounge with pool table. Bar holds 30 pool leagues a week. Has a 7 day Class B liquor license. Business is well established with current owners for 15 years. Very profitable. 2 income producing apartments upstairs. Bring in approximately $1,000 per month per apartment. (Well kept). Whole Package for sale at $950. Owner will hold note on Real Estate with whole payment on business. (30 year amortization) Business Only Sale $375,000. with only $3,000 per month Rent (2 apartments generate 75% rent cost).

Property Features and Assets:

Very Visible Corner location just outside Canton area. (Current market age 30-50)

Market Competition and Expansion:

Owner owns the row home directly next door to bar. Available for $200,000. Great Buy For Business Owner! New owner can make adjustments to menu and promote restaurant aspect which current owner is not doing as much of anymore. Restaurant Sales were enormous before owner cut back on promoting that part of the business!

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.