Good opportunity to start a Coffee House/Music Venue?

There is a coffee house in our downtown area (Town of 200,000) that is going out of business because the owner is terminally ill. He is selling everything in there for $15,000. All Kitchen gear, Espresso machine, tables and chairs for 90, etc.

The rent is $2500 for 1700sq ft. The main profit comes from it being a venue for blues and jazz right now. I have always wanted to do this, is this my chance?

I would be able to dedicate 100% of my time to this.

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