University Area Bar- Rare Opportunity
Not Disclosed, OH Athens County
Seller's Contact Information
- RE: University Area Bar- Rare Opportunity
- Contact: Jeffrey S. Miller
Quick Facts
| Asking Price: | $275,000 | |
| Annual Revenue: | $288,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $109,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 5,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 909663934 | |
| Broker Reference #: | 2072022-767179 |
Business Overview:
This bar is located in the heart of the university's most popular night time entertainment district and comes with a hard to find D5 liquor license.
Another opportunity like this may not come around for a decade as bars in this area rarely become available because of the desirability of the location which generates consistent high levels of profitability to the local bar owners.
The seller has owned and operated the bar almost 20 years, but because of family commitments has to relocate out of the area.
The bar could be purchased and operate as is- with a focus on alcohol sales and limited hours, or expanded to include food, longer hours and outdoor seating.
The location is one of the best in town and ensures high levels of foot traffic.
The seller is willing to finance up to 50% of the purchase price.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
Relocating
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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