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Questions to ask before purchasing an existing sports bar/restaurant?

I am currently reviewing an option to buy an existing sports bar/restaurant? What are some questions outside of the obvious to consider when I meet with the owners?

I am aware of questions about payroll, cost of good sold, liquor license, maintenance contracts, equipment, and leasing arrangement? Are there any other imperative questions that one should consider being new to this industry?

Thank you!

Technorati Tags: leasing, liquor license, maintenance contracts, payroll, sports bar

Is it possible to start a small bar with about $5,000-$10,000?

I want to start a small bar in MO, the location is going to be an old Wendy’s building and were going to lease it, we would only need a bartender as we would work the bar (I have a large family, so time is not an issue). We are going to lease all of the equipment needed as a security since this would be a start up business. The layout will be simple were going to do all f the work ourselves such as building the dance floor and the bar.

The building requires 00 down so we will have the rest of the money to use toward the inside… also advertising will be taking care of by the radio station.

I have seen plenty of similiar questions but they were not specific.
I have a liquor license and security is covered. Like I said before we are not going to need any outside help besides the bartender ( we have a dj, food is covered. Insurance is covered in the lease with is 0 a month (so its affordable even if all fails, also its a month to month lease as with the equipment)

Technorati Tags: bartender, dance floor, dj food, insurance, liquor license, money, radio station, similiar questions, start up business, wendy

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  • Wildcat on Do you think apartment complexes should be sued for failure to provide services aside from maintenance?
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  • Ranger4402 on Do you think apartment complexes should be sued for failure to provide services aside from maintenance?
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  • magicbird on Do you think apartment complexes should be sued for failure to provide services aside from maintenance?
  • rpg on What kind of bankruptcy options?
  • rhsaunders on Net present value?!?!?
  • in the China Shop on I want to open a restaurant?
  • Sam San on I want to open a restaurant?
  • Henry on I want to open a restaurant?
  • Metal M on What do you think about my business idea…could this work?