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| You have accessed this listing information from the VR National database through: | This business is listed and represented by: |
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VR Business Brokers - Cincinnati, OH 4790 Red Bank Road Suite 230 Cincinnati, OH 45227 (513) 321-7666 www.vrqueencity.com greg@VRqueenCity.com |
VR Business Brokers - Cincinnati, OH 4790 Red Bank Road Suite 230 Cincinnati, OH 45227 (513) 321-7666 www.vrqueencity.com greg@VRqueenCity.com |
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Business Listing Details |
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LISTING#: |
A0230: Cocktail Lounges/Taverns/Bars Bar and Grill North of I 275 |
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LOCATION: Cincinnati |
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ASKING PRICE $100,000 |
AMOUNT DOWN $100,000 |
REVENUES: $850,000 |
ADJUSTED CASH FLOW |
TOTAL ASSETS |
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Great Opportunity. Very successful, long established bar and grill North of I 275 available for sale or lease. Has done $1.3 million in sales. Currently at $850K in sales and cash flow of $100,000. 5500 square feet inside with a capacity of 215. Covered outdoor patio that seats 100, great for smoking ban. Good location with plenty of parking. Seller asking $975,000 for turnkey sale of business assets and real estate. Alternatively, seller will lease business assets and building for $9,000 per month with an option to buy. For the lease with option to buy, buyer will need to personally guarantee a minimum 3 year lease and need to have a minimum net worth of $400,000 and significant bar and grill operating experience. Lots of upside with new operator. Seller is burnt out. Cincinnati. Qualified and serious inquiries reply to Greg Hedgebeth at Greg@VRqueenCity.com |
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| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |