Welcome to BusinessBroker.net! We are a leading global business for sale marketplace where you can search thousands of businesses for sale or place an ad and sell your business online.

Business For Sale

Restaurant: Bar and Grill

Not Disclosed, OH, USA

Food & Beverage: Restaurants, Fast Food, Deli

Asking Price:
Year Established:
Employees:
Listing Number:
$229,000
2008
Not Disclosed
67652743
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$170,000
Not Disclosed
Not Disclosed
Not Disclosed

Business for Sale Overview:

RESTAURANT: PRICE REDUCTION – OWNER ANXIOUS: The price for this Bar & Grill and the accompanying real estate has been reduced!! Owner must sell because of a career change and likely relocation soon! Will look at any serious offer, and is willing to finance a major portion of the entire purchase! This bar and grille is located in Northern Ohio near Erie County. In operation at this location for almost half a century, the entire business, building and premises have been completely renovated – in fact everything in the business is new! The menu includes appetizers, pizza, dinners, baskets, wings, hot sandwiches, burgers and daily specials. Beer, wine and liquor is available for carryout and consumption on premises until 2:30 am, and includes Sunday beer sales. As the only establishment of its kind in the area, its interior includes a large bar area on one side, a larger room with dining tables, pool tables and dart boards, and an outside patio area approved for dining and drinking. Fridays and Saturdays are especially busy. They open every day at 11:00 am, and remain open until midnight to 2:30 am depending on the night. A buyer could purchase the business only for $69,000 and then rent the 2,600 square foot space for just $1,000 per month. Or, a buyer could purchase the real estate also. The building includes two other apartment rental units currently generating over $850 in monthly rental income, bringing the total rental income to the owner for all three units to $1,850 per month, well above any ownership costs! Be your own boss, set your own hours, and enjoy positive monthly rental income while building equity – all by owning this full renovated easy – to – run business and property. Located in a busy Ohio city.

For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.

Property Features and Assets:

Real Estate: $160,000 Included in asking price. Lease Amount: $1,000 per month Furniture, Fixtures and Equipment: $62,100 Included in asking price. Inventory: $4,300 Included in asking price.

Reason for Selling:

Other interests

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Contact the Seller:

To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.

Additional Information

Restaurant: Bar and Grill
Business Listed By:
Roy Huffman
First National Business Corporation
contact the seller
Looking to Buy A Restaurant?
Franchises That May Interest You!
JAN-PRO is an opportunity for a seasoned executive, professional or salesperson to become a regional Master Franchisor. We provide you with multiple benefits of owning a thriving brand in the recession-resistant commercial cleaning industry. JAN-PRO offers world-class support and training and a nationally-recognized brand.
Handyman Matters is an industry leader in the growing handyman repair and improvement industry for residential and commercial properties.

 

Please Note: The Business for Sale listings, including any franchise opportunities, business opportunities, and franchises for sale advertised on this web site are not to be considered an "offering" or purchase recommendation by BusinessBroker.net. The individual content of these business for sale listings are submitted to us by business owners, representing business brokers, or other intermediaries and we rely entirely on the accuracy of the information they provide. BusinessBroker.net recommends seeking the advice of a lawyer, financial consultant or accountant before purchasing a franchise opportunity, business for sale, business opportunity, or franchise for sale. Part of the BusinessBroker.net Network. Please review our full Disclaimer for more details.