Local Restaurant & Tavern
Not Disclosed, OH Wayne County
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- RE: Local Restaurant & Tavern
- Contact: David White
Quick Facts
| Asking Price: | $335,000 | |
| Annual Revenue: | $867,437 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $148,144 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $80,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2019 | |
| Employees: | 21 | |
| BBN Listing #: | 939221 | |
| Broker Reference #: | 4301-18228 |
Business Overview:
This is where the locals go! Full-service restaurant and bar located in small town Ohio. They are known for their extensive menu featuring fresh casual American fare, excellent drinks, and friendly service. They also hosts live music on some weekends. This restaurant has little competition and comes with the only D-5, D-6 liquor license in town! This business vaunts excellent cash flow and significant potential for growth. This opportunity is perfect for an owner/operator.
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Property Features and Assets:
Primary Space: 3,300 Square Feet
$24,000 per year ($2,000 Monthly) Water, sewer and trash included.
Lease is Month to Month.
Assets = $93,500
Market Competition and Expansion:
Little competition.
Expanded hours on Sunday and for breakfast. Increased online presence and 3rd party delivery.
Reason for Selling:
Retirement.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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