Business Overview:
With an asking price of $275,000 which includes property appraised at $310,000, strong restaurant sales of $500,000 and owner earnings of $104,000, this is a wonderful opportunity for a food entrepreneur. Sales for 2011 are up over 2010. The restaurant is located about 15 minutes from downtown Cincinnati in a great Northern Kentucky community with a median household income over $80,000 and home to many large corporations. The restaurant itself has seating for 100. Several employees have been on staff for over 7 years. 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. A buyer can easily build upon the great reputation that the 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:
Retirement
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.