This 2000 sq. ft. bar does $250,000 in sales. There is no food. You could easily add food and increase sales 30% or more. The space is there for a small kitchen. It is only open 14 hours a day. It has a band about once a month. Rent is about $2600 a month. Utilities are $1000.00 a month. Right now there are five bartenders. There are hardly any promotions done at this place. The 24 ft. bar, chairs, tables, walls, and carpet are all in great shape. Poker machines do very well. The owner said she will finance with $60,000 down. The owner just wants to retire.
Down Payment: $140,000
Sellers Discretionary Earnings: $250,000
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