NOT DISCLOSED, Ohio
| Asking Price |
$0 |
Year Established |
|
|
| Annual Revenue |
$5,500,000 |
Reason for Selling |
Other interests |
|
| Annual P/L |
$0 |
Attention |
JT Harp |
|
| Annual Cash Flow |
$1,020,848 |
Listing Number |
1000936 |
|
| # of Employees |
|
Business Category |
Food & Beverage: Restaurants, Fast Food, Deli |
|
Business Overview:
Multi-Unit Full-Service Bar and Restaurant Concepts Primed for Exponential Growth
We are excited to offer a completely built-out multi-unit full-service bar and restaurant opportunity primed to be taken to the next level. The concepts feature versatile and contemporary menus with broad appeal, lively atmospheres, and friendly well-trained and supervised staff. Created from scratch by the entrepreneurs, the ‘start-up’ work is done, and the foundations have been laid. Now, it’s ready for the next phase of leadership.
Current ownership is absentee in the day-to-day operations of the restaurants. All units are fully staffed with general managers and shift/bar managers, as well as all appropriate kitchen, server, and bar staff. Ownership is fully absentee and only contributes at a high level with overall strategies, high-level communications, and general oversight.
Due to the relatively young age of most of the restaurants in the fleet, this is structured as an asset sale. A list of tangible and intangible assets, which is the basis of the valuation and list price, include:
- Site selection and fully negotiated leases
- Complete buildouts and fixtures in all locations - furniture, fixtures, equipment, and leasehold improvements – new, near-new, or gently used
- Full liquor licenses in all locations
- National food and beverage supplier contracts
- Fully integrated supplier inventory and food cost tools
- Full branding and marketing supporting each concept from grand openings and beyond
- Complete website buildouts and SEO/AEO support
- Major sports marketing partnership
- Local brewery partnership with exclusive draft beer offering
- DoorDash partnership
Other attributes:
- Fully absentee operations ownership
- Immediately ready to be scaled further with additional units – either organically or via franchising
- Not interested in all locations? Owners will consider terms with the right buyer
- Interested in an ownership stake versus purchasing all at once? Owners will consider creative terms with the right buyer
If you’ve ever wanted to own and scale a bar/restaurant concept but didn’t want the risk or the time and hassle of starting from scratch, this is your chance!! Please contact us today to learn more!
All buyer inquires will require before receiving the CIM/Executive Summary:
- Signed Non-Disclosure Agreement
- Proof of Funds
- Resume(s) and/or Prospectus
- Transworld Buyer Profile Form(s)
- Phone Conversation with Transworld
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity