West 6th Entertainment District - Owner Financing Available!

One of Cleveland's hottest entertainment venue

Location:

Cleveland, OH

Inventory:

$10,000
Included in asking price

Real Estate:

Leased

Building SF:

13,000

Lease Expiration:

10/11/2034

Furniture, Fixtures, & Equipment (FF&E):

$125,000
Included in asking price

Employees:

33

Rent:

$8,400.00

Competition:

What makes this business different? This Bar & Lounge operates within a dynamic competitive landscape characterized by its unique positioning and industry recognition. Distinctly approved by major sports leagues such as the NBA and NFL as an entertainment venue, the establishment not only leverages this approval for marketing purposes but also to attract a high-profile clientele that includes professional athletes and local celebrities. This endorsement serves as a significant competitive advantage, setting it apart from other venues in one of Cleveland'

Growth & Expansion:

The outlook for the Drinking Places (Alcoholic Beverages) industry, and specifically for this Bar & Lounge, is optimistic. Anticipated investments in Cleveland’s entertainment district signal potential for increased foot traffic and customer spending. Opportunities for growth include expanding the menu, hosting more events, and strategic marketing to further boost revenue. The leadership's commitment to remaining engaged during a transition period ensures continuity and the leveraging of growth opportunities. This Bar & Lounge represents a well-establish

Financing:

Seller financing available

Financing Amount $750000,Interest 6%, Terms -72 months, Monthly Payment $12429

Support & Training:

4 Weeks

Reason for Selling:

Other Ventures