| Asking Price |
$275,000 | Inventory |
$3,700** |
|---|---|---|---|
| Gross Income |
$223,000 | Real Estate |
$95,000* |
| Cash Flow |
$70,500 | Year Established | 1930 |
| FF&E |
$47,000* | Employees | 5 |
* included in the asking price
** not included in the asking price
This bar has been a staple in the heart of the city. Long established working man's bar on a busy street on Ft. Wayne's south side. Bar entertainment includes pool tables, video games and pull tabs. The kitchen has been used minimally; this is a chance for someone to add to the bar revenues by increasing the use of the kitchen. Near residential, densely populated urban neighborhood. Business has been established for over 50 years, the current owner has owned it since 1991; he is retiring. Bar runs itself, owner stops in a couple times a week to make deposits. This is a fantastic opportunity for someone to own their own Cheers.
Facilities: Building and real estate are located on a major north / south route through the city. Building is approx. 4500 sf. Lower level for storage, main level houses bar, upper level has two apartments.
Competition: Prime location on major north / south route through city.
Growth/Expansion: Bar entertainment includes pool tables, video games and pull tabs. Kitchen has been used minimally; this is a chance for someone to add to the bar revenues by increasing the use of the kitchen. Near residential, densely populated urban neighborhood.
Financing: Third party financing based on buyers credit history
Support/Training: Owner is willing to ensure a smooth transition, terms negotiable.
Reason Selling: Retirement

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