Full Service 2 Unit Restaurant

Cincinnati, OH
Hamilton County

Asking Price: Annual Revenue:
$1,410,000 $4,291,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Full Service 2 Unit Restaurant Broker: Dan Long

Quick Facts

Asking Price: $1,410,000
Annual Revenue: $4,291,000
Net Profit: Not Disclosed
Cash Flow: $537,000
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 25
BBN Listing #: 219816072
Broker Reference #: 111918del

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Business Overview:

With average sales volume exceeding $4,000,000 and owner earnings exceeding $500,000 the past 3 years, this retirement aged seller is poised to transition this well-established and unique restaurant concept to an excited buyer. Two recent actions taken by management will surely bode well for future sales – changing to a new online ordering platform and a new catering menu. The business is offered as an asset purchase, free and clear of debt. Seller 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
High quality employees
Experienced management in place
Family friendly with unique environment
Well known with established name and reputation
Excellent books and records – all numbers are verifiable
Price includes all equipment with initial purchase value of $1,000,000

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Property Features and Assets:

Both facilities exceed 6,000 square feet each with abundant parking and are very attractively decorated. In addition, both locations are close to high drive time populations, large employers, high median household incomes, and great visibility.

Market Competition and Expansion:

Management is well aware of the competitive nature of the restaurant industry and has done a great job staying ahead of the competition with robust advertising and marketing programs.

Reason for Selling:

Seller is of retirement age.

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 a franchise resale opportunity.

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