My advice? Don't do it. Way too much stress/work/BS/risk.
My parents had a small tavern where I spent countless hours learning about all sorts of bizaare aspects of life. Few things I learned.
1. All drunks are assholes, specially the ones with designer clothing. High end drunks are generally nastier than the ones with shit on their boots and grease underneath their fingernails.
2. Having a business that is busiest when the rest of the world is celebrating SUCKS.
3. You can never truly leave such an establishment. Even when you aren't there, mentally you are there.
My Old Grump wanted to buy a local restaurant/hang-out for me to *give me something to do*. I told him NFW... Way too much headache and stress for me regardless of the amount of money it should generate. Lots of money in our area and no real quality place where the locals can go for good food, casual atmosphere and blowing off a bit of steam.
My husband has had a few restaurants back in the day, but it just isn't something I wanted to do.
But if that's what you really want to do... GOOD LUCK WITH IT!
I hope you make a ton of dough and have fun while amassing your fortune.