NYC Bar Owner Wants to Sell His Business for $1 Million in Bitcoin

in hive-116221 •  4 years ago 

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The New York Post recently reported that Patrick Hughes, a local bar owner, and crypto enthusiast, is looking to offload his bars in exchange for some digital assets. Hughes owns Hellcat Annie's and Scruffy Duffy's – two watering holes located on 10th Avenue.

The businessman is now looking to sell the two properties, with signs in front of them showing an asking price of 800 ETH or 25 BTC for both bars. 

At the time the report came out, Hughes was asking for the equivalent of $1 million in crypto for his businesses.

Speaking to the news source, Hughes explained that the shutdowns had taken a significant toll on his business.

He had cut his staff by as much as 90 percent, reducing his workforce from 50 people before March 2020 to just five or six today.


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