Seller's Contact Information
- RE: Beauty Country Restaurant & Bar - Health Forces...
- Contact: Jeffrey Bury
Quick Facts
Asking Price: | $120,000 | |
Annual Revenue: | $359,929 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $51,853 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1993 | |
Employees: | 12 | |
BBN Listing #: | 171164685 | |
Broker Reference #: | NORTHOH001-52922 |
Business Overview:
Health forces liquidation, will consider reasonable offers. Beautiful Country Restaurant and Bar, an easy 30-mile country drive from Toledo, regionally dominate multi-state draw with scratch kitchen and exceptional cuisineA premier restaurant and bar with a multi-state destination point, draw of loyal patrons, clientele, parties and events in Northwest Ohio and Southeast Michigan with 70% of receipts from 15 to 70 miles away. Proven and validated for 30 years, modern cozy country restaurant bar seating 99, regionally eclectic due to its scratch kitchen, exceptional cuisine and friendly staff allowing owner to consider operating pseudo absentee. Lots of group events in the pipeline with gross sales of $359,929 and seller discretionary cash flow of $51,853 priced to sell at only $119,000 for the business with possible seller finance of up to 50% of purchase price if approved by Seller. This country?at-heart restaurant bar is an ongoing success story with great history, visibility, reputation, strong financials and very loyal clientele from a two-state region. Option to purchase real estate for $269,000 if desired. Possible seller financing and pseudo absentee ownership consideration. Catering, conference room, private events and parties, clean heath inspections in this 12-15 ft. cook line with fire system and exhaust fans, seating 99 with good functional equipment, huge cooler, 2 freezers, two ranges, and grill. Newer roof, HVAC, hot water tank, 3 full time, 9 part time. Priced to sell by this retiring seller who will consider financing 50% purchase price, listed at only $119,000. If you have been looking for a proven, well known, huge draw of loyal customers/followers in Northwest Ohio and Southeast Michigan with well-trained staff in an excellent buildout that you can ?Slap Your Name and Family Linage upon,? then check this out!
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Reason for Selling:
Retirement & Health Issues
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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