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Pubs and bars For Sale (Summit County, Ohio, United States) Asking Price:£1633186

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Pubs and bars For Sale


Revenue £Available on request, Net Profit £Available on request, Established 2004

Newly remodeled bar in a historic bank building. This is the largest bar in Ohio with over 19,000 sq ft. Location is perfect. Across the street from the University of Akron where they just built 5,000 apartments within walking distance of the bar. The bar is located next to a minor league baseball stadium, so the bar will always be full. A $8 million dollar parking garage is being built across the street. This is a high growth area and the University is expanding. This is a potential Goldmine. Owner has 7 other bars and this one is 1 hour from home and takes too much to effectively manage. Owner will lease business with a large down payment as the liquor license was over $300,000. Asking Price: $2.8 million (building appraised $2.1 million, business $700,000) Price includes inventory and equipment and licenses. Owner will do financing if needed.

Business Information

Number of Staff

6/10

Ownership

Yes

Any Expansion potential

Yes if needed

Reasons for selling

Any Inventory / Stock value

$30,000

Is this a home-based business

Yes

Property

Lease

Telephone

Business Location details

Competition / Market

Business/Market

Trading hours

Yes

Any Support & training

seller will train

Any Furniture / Fixtures

$700,000

Any Living Accommodation

Yes

Can this business be relocated?

Yes

Is this business part of a franchise?

Yes