Quick-serve Restaurant & Bar – Fully Equipped!

Not Disclosed, OH
Lorain County

Asking Price: Annual Revenue:
$34,000 $546,000

Food & Beverage: Restaurants, Fast Food, Deli

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RE: Quick-serve Restaurant & Bar – Fully Equipped! Broker: Seller of Business

Quick Facts

Asking Price: $34,000
Annual Revenue: $546,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $26,700
Real Estate: Not Disclosed
Year Established: 2003
Employees: Not Disclosed
BBN Listing #: 64762743
Broker Reference #: 05-111

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Business Overview:

Motivated seller has REDUCED the price to $34,000 for quick sale! Closed in March due to the COVID-19 pandemic, owners have decided to move on and relocate. Their loss could be YOUR gain!! This town favorite had 2019 sales of $546,000. Buyer could simply reopen with the same name and Mexicali-inspired food and drink menu. Or rename it and introduce a new menu and theme to this busy town hungry for unique food and beverage concepts! All of the FFE for the kitchen, bar and dining room remains, and is in good working order. Includes D5 and D6 beer, wine and liquor licenses for sales to 2:30AM. Prime center-city location includes seasonal outdoor patio. For a fraction of the cost of a new startup, you could own this fun, easy-to-run cash business! Don’t pass up this unique opportunity!

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Reason for Selling:

Relocating out of state.

Additional Details:

  • The property is leased.
  • The owner is not 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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