Sorry, this listing is no longer available – However, please see similar business for sale listings below that may interest you:

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

Business For Sale

Restaurant w/ RE, $600K Sales & $100K Income

Cincinnati, OH

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$369,000
$605,000
$105,000
$105,000
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1990
8
26616072

Business Overview:

This restaurant will give you the opportunity to truly be on your own, by being both an owner and a landlord. This property has been recently appraised for $310,000. Current sales exceed $600,000 and owner discretionary income exceeds $100,000. This restaurant itself is 3900 square feet and has seating for 100. Several employees have been on staff for over 7 years. A new roof has been recently installed as well as extensive remodeling and new equipment that was purchased 7 years ago. There is also a rented second floor 2 bedroom apartment along with a detached garage. It is located on a 1 acre site with parking for 65 cars. Currently less than 5% of sales are alcohol. Great opportunities exist for alcohol sales, menu development, and marketing into the community. You can easily build upon the great reputation that current ownership has developed.

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

Reason for Selling:

Wants to become an employee

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.
 

Please Note: The Ohio 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 Ohio businesses 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.