Motivated Seller Restaurant/Grill with RE & Liquor

Not Disclosed, OH
Trumbull County


Asking Price: Annual Revenue:
$523,900 $535,096

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Motivated Seller Restaurant/Grill with RE & Liquor Broker: Joe DiBartolo
Owner Financing is Available!
Loan/Seller: $428,900.00 Rate: 6.5% Months: 36 Monthly Payment: $8,382.14

Quick Facts

Asking Price: $523,900
Annual Revenue: $535,096
Net Profit: Not Disclosed
Cash Flow: $115,357
Total Debt: Not Disclosed
FF&E: $85,000
Real Estate: Not Disclosed
Year Established: 2017
Employees: 11
BBN Listing #: 1555630
Broker Reference #: 3353791261

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Business Overview:

FINANCING AVAILABLE MOTIVATED SELLER! Restaurant Grill! With Real Estate and liquor license.

Enjoy the large selection of diverse menu options, happy hour, and daily specials in this laid back, neighborhood gathering place. Great food, fantastic drinks, music, and fun events have locals and visitors alike frequenting this popular establishment. Great kitchen, with like-new equipment, could be expanded to open for a full breakfast crowd if desired. Open 6 days a week and closed Monday by owner’s choice. Excellent, high traffic location with great visibility, signage, and ample parking. Absentee Owners have other careers they own the building as well. Completely turn-key and all employees in place. Full liquor license not included. Roughly 3000 square feet, full-service kitchen, great for parties, fundraisers, bands, and watching sporting events. Well maintained facility, ample hood, refrigeration, freezer, and storage space. The building has been recently renovated and refreshed with new equipment, furniture, and decor. The newly renovated building is also available if interested. Ample seating of 198 on restaurant/bar side combined. Two outdoor patios for additional seating. Reasonable rent. SELLER FINANCING AVAILABLE to qualified Buyer! Perfect opportunity for an owner / operator. Act fast and have FUN while you work. This Florida based company for sale is offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and lower middle market business owners and buyers with transaction expertise. Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! Get added to our buyer list today to receive notifications as businesses with your criteria hit the market! For more information on this business for sale contact listing agent Joe DiBartolo. Please refer to listing #3353-791261. Please use reply to this ad button to contact us.

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Property Features and Assets:

Lease/Month: 2,000.00 Square Footage: 3,000 Lease Expiration: 2/15/2024 Building Type: Free-Standing

Market Competition and Expansion:

Miles Seller Not to Compete Within 10 Number of Years Seller Not to Compete For 3

Reason for Selling:

Personal

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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