|
|
|
|
Business Listing |
||
| Listing No.: | 41420138 | Restaurants: Dinner Rstrnt (primarily American) Beer & Wine |
| Business Desc: | No. Ky. Restaurant Includes Property & $600K Sales | |
|
Business
Details
|
||||
|
Revenues
|
Adjusted
Cash Flow
|
Selling
Price
|
Down
Payment
|
|
|
$605,000
|
$105,000
|
$397,000
|
$397,000
|
|
|
General
Location:
|
Cincinnati | |||
|
Executive
Summary
|
| Located 20 minutes from downtown Cincinnati, this restaurant will give you the opportunity to truly be on your own, by being both an owner and a landlord. This property has been recently appraised for $310,000. Current sales exceed $600,000 and owner discretionary income exceeds $100,000. Financing for a qualified buyer has been arranged through a local Cincinnati bank. Buyer needs $63,000 cash plus industry experience and adequate collateral. This restaurant itself is 3900 square feet and has seating for 100. Several employees have been on staff for over 7 years. A new roof has been recently installed as well as extensive remodeling and new equipment that was purchased 7 years ago. There is also a rented second floor 2 bedroom apartment along with a detached garage. It is located on a 1 acre site with parking for 65 cars. Currently less than 5% of sales are alcohol. Great opportunities exist for alcohol sales, menu development, and marketing into the community. You can easily build upon the great reputation that current ownership has developed. |
|
Contact
Information
|
|
| Contact: | Daniel E. Long |
| Office: | VR Business Brokers |
| Office Phone: | (513) 321-7666 or (513) 315-3006 |
| Email: | dan@VRqueenCity.com |
