Eastside Cincinnati Restaurant - $1,100,000 Sales

Cincinnati, OH
Hamilton County

Eastern Cincinnati

Asking Price: Annual Revenue:
$249,000 $1,190,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Eastside Cincinnati Restaurant - $1,100,000 Sales Broker: Dan Long

Quick Facts

Asking Price: $249,000
Annual Revenue: $1,190,000
Net Profit: Not Disclosed
Cash Flow: $161,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 25
BBN Listing #: 258316072
Broker Reference #: 112618del

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Business Overview:

This 4,000 square foot eastside Cincinnati restaurant with seating for 150 and only open 5 days a week is a relaxing, but lively place for all to eat. Taking a new restaurant to over $1.1 million in sales with over $150,000 in owner earnings in 9 years is no easy task, but the seller has accomplished this with class and much profitability. The seller takes immense pride in serving scratch made food while the restaurant’s steaks, fish, and chicken are always fresh, never frozen. All of the soups, sauces, and salad dressings are made in house. The restaurant is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Other highlights include:

· Full liquor license
· SBA loan qualified
· 2019 sales are very strong
· Uses the latest in restaurant software
· Long term employees and managers in place
· Clean books and records – all numbers are verifiable
· Inventory between $10,000 - $20,000 included in the price
· Over $300,000 initial investment made to open is included in the price

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Property Features and Assets:

This is a free-standing building that is 4,000 square feet with a customer capacity of 150. There are 90 parking spaces on about a 1-acre site. The kitchen itself is extremely clean and well-equipped.

Market Competition and Expansion:

The seller overcomes the competitive nature of the restaurant industry by serving scratch made food along with having long term employees that love doing what they do.

Reason for Selling:

Health issues.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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