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BUSINESSES FOR SALE

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Businesses For Sale   >>   Ohio Businesses For Sale Categories   >>   

Closed Sports Bar - Fully Equipped For Auction

Location  Ohio,United States
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2009
Number of Employees  1 - 3
Inventory  35000
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Not applicable.
Reason for Sale  Seller exited the business due to other career opportunity.
Description  This non-operating bar is located in the heart of Broadview Heights center of expansion. Its assets will be sold at a public auction on November 1, 2012. Prior to the auction, interested parties will need to be qualified by the landlord and also make sure that they can meet the requirement of the State of Ohio to get a liquor license. When it was run by its owner and under a national franchise as a Sports Bar and Restaurant, it was performing well. The the owner decided to move on into a career and the business fell apart. The lease will be transferred to interested parties as part of an auction that will include the sport's bar equipment (practically new), furniture and appliances. Auction Terms:$15,000 deposit on sale day and Balance to be paid in 45 days. A 10% Buyer s Premium or a $10,000 minimum will be added to the auction price. Lease transfer subject to landlord s approval who will require personal and business tax returns as well as authorization to run credit report. Auction Date & Time: Thursday November 1st 2012 at 11:00 a.m.; pre-auction viewing at 9:30 a.m.
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