Restaurant/Bar near OSU Campus
| Asking Price: | $179,000 | Inventory: | $2,000 ++ |
| Gross Revenue: | $210,000 | Real Estate: | n/a |
| Cash Flow: | $60,000 | FF&E: | $60,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Located within walking distance to “The Ohio State University Campus” is this family run restaurant. The location of this restaurant allows it a loyal neighborhood cliental and is located on the bus line. The restaurant has a seating capacity for 80 patrons. It carries a beer, wine and liquor license and can serve until 2:30am, and has Sunday sales as well. In the twelve years of operation it has been an Ethiopian Restaurant, but would also be an excellent location for a campus restaurant/bar. This is a confidential sale, please do not disturb employees.
About the Business
Year Established:1996
Employees:1 full time - 2 part time
Facilities:Total of 2500sf. Two seperate dining rooms. Large fully equiped kitchen
Market Outlook and Competition:Located on a highly traveled street where students are walking to class and passing by on a regular bases. It is approximately three miles from the “Victorian Village Gallery Hop” and would be a perfect spot to celebrate those Buckeye victories. There is two years remaining on the five year lease. There is one five year option available. The current rent is $2000. Per month.
About the Sale
Reason For Selling:The owner wants to spend more time with his family.
KEYWORDS: Dining, Beer, Wine, Liquor, Bar, Entertainment, High Visibility, Campus, Buckeyes, Music, Football, Baseball, Basketball, Hockey, Sports, Dancing.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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