25+ Year Classic Bar - $212,000 Cash Flow
Location: Greater CincinnatiListing Number: 23562
Financial Information
Asking Price: $569,000Gross 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