Well, I think that's a unanimous verdict.

The current owner has:

spent all his money on the place;
pissed off all the neighbours by chasing every late night low life by being open all night;
has destroyed their own normal sleep patterns in the process;
has made no money;
and now can't pay his staff;
and they are telling everyone who will listen.

Plus he is saddled with a 6 year $25k+ liability to offload on any mug he can find with the clock now ticking loudly.

This is certainly not a "unique" opportunity; most bars there are basket cases.

The greater fool theory has finally found the greatest fool; the current owner.