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Business Listing |
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| Listing No.: | 41420131 | Cocktail Lounges/Taverns/Bars: Taverns w/Food |
| Business Desc: | Bar and Grill North of I 275 | |
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Business
Details
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Revenues
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Adjusted
Cash Flow
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Selling
Price
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Down
Payment
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$850,000
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$100,000
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$100,000
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$100,000
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General
Location:
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Cincinnati | |||
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Executive
Summary
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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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Contact
Information
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| Contact: | Greg Hedgebeth |
| Office: | VR Business Brokers |
| Office Phone: | (513) 321-7666 or (513) 383-4391 |
| Email: | greg@VRqueenCity.com |