25+ Year Classic Bar - $212,000 Cash Flow - SOLD

25+ Year Classic Bar - $212,000 Cash Flow - SOLD Location: Greater Cincinnati
Listing Number: 23562

Financial Information

Asking Price: $569,000
Gross Revenues: $942,000
Cash Flow: $212,000
Real Estate: Available to purchase

Business Description

The retirement aged owner of this absentee operated classic bar has had the same onsite management in place for over 10 years.  The bar is located in a very safe community and is extremely well – maintained. This is a drink – only bar with no food served which makes for a very clean operation.  NFL ticket, promotional nights, and private parties make this bar a very special place for all of its patrons. 

The company is offered as an asset purchase, free and clear of debt.  The owner will train in all aspects of the business and will be available to ensure a smooth transition.  Highlights include: 

SBA loan eligible

No debt in the company

Clean books and records

D4 and D5 licenses included

All inventory included in price

Property available to purchase

Bar / restaurant software utilized

All well – maintained equipment is included in the price

No cash – all credit card so all sales recorded and verifiable