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I think location is really important, and I'd wonder why any bars that are up for sale are being sold. If the owner is moving or just tired of the business, but the bar has regulars and is successful, then it could be great. He'd be buying the business as well as the building. But if a bar has closed down, it failed for some reason, and unless you can figure out how to fix that reason, the next bar there is likely to fail, too. It might be better to open one in a place that hasn't before been a bar but would be a good spot for one. Of course, then you have to get liquor licenses and all that from scratch, which can delay things.

Food (drink) for thought.

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