Business For Sale

Modern Grill & Draft House w/ 30 Craft Beers tap

Cleveland, OH
Lorain County


Asking Price: Annual Revenue:
$290,000 $550,000

Food & Beverage: Bars, Clubs, Nightspots


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RE: Modern Grill & Draft House w/ 30 Craft Beers tap Broker: Arthur Williams
Owner Financing is Available!
Yes, Available for qualified buyers

Quick Facts

Asking Price: $290,000
Annual Revenue: $550,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $85,000
Real Estate: $290,000
Year Established: 2001
Employees: 12
BBN Listing #: 724229613
Broker Reference #: FDC-600

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Business Overview:

Best selection of craft beers in the County. #1 Franchise competing with Buffalo Wild Wings. Larger portion sizes and a wider selection of craft beers than any competitor in the County. Lorain County is the fastest growing county in Ohio! Lorain is revitalizing the downtown area and this project will be complete by the end of 2018. This change will allow the business to double its patio size and create significantly more foot traffic. The city is creating wider, colored, stamped concrete sidewalks; more lighting; improved signage; traffic islands; and two lanes of travel instead of three.

Established 4,300+ square foot restaurant/ drafthouse w/D-7 license of 17 years for sale with an increasing revenue on a yearly basis in a downtown reviving entertainment district. Adjacent to Lake Erie and a state theater this location offers 30 beers on draft including the ever-popular microbrews and imports.

Real estate is also available which includes a house on a busy intersection of this downtown mixture of commercial and residential property. Asking price includes restaurant/bar business only. Real estate can also be leased and optionally includes a 4 bedroom home. Cash flow is based on an estimated 20% margin.

This is an established business. This is neither a new franchise nor a start-up opportunity.

Please look for an email titled “Morgan & Westfield - “Modern Grill & Draft House w/ 30 Craft Beers on tap” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

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 a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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