Rare Opportunity to Own College Town Bar- Owner Financing

Listing Number: 2072022-699891

Description

This upscale cocktail lounge and bar is located near the center of a busy college town. The bar offers one of the nicest spaces in the area for a night out with friends, or a romantic first date. In addition to cocktails, wine, beer, and mocktails, the bar features a delicious selection of appetizers, small plates, and desserts.

This can be a turn-key operation for a new owner, or an amazing space with all needed equipment to turn into your own concept. Many growth opportunities exist including expanding the currently limited hours, adding additional food options, tapping into the local music scene to offer live music on a regular basis, and marketing the beautiful space for bridal or baby showers, or corporate events.

The bar is fully staffed, and the seller spends only approximately 4 hours per week on the business. A focused marketing campaign via google, facebook, or just outreach to local university departments, or student organizations could quickly result in additional revenue streams for a new owner.

The seller is open to providing up to 50% seller financing to qualified buyers.

Listing Details

• Price: $150,000
• Down Payment: $75,000
• Sellers Discretionary Earnings: $40,000
• Total Sales: $220,000
• Location: Athens County, Ohio


• Inventory: $2,500
• FF&E: $60,000
• Employees: 9
• Year Established: 2014
• Reason for Selling: Other business interests
• Category: Restaurants