{AUCTION} Full Service Restaurant ready to open
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ABSOLUTE AUCTION - Turnkey Restaurant Opportunity in Elyria, OH
This established 5,115 square foot full-service restaurant presents an exceptional opportunity for immediate operation. Located in Elyria's Midway Mall area between US Route 2 and the Ohio Turnpike, this move-in-ready venue offers strategic positioning with limited local dining competition.
Property Features:
• Complete commercial kitchen with professional-grade cooking equipment
• Full bar area with all equipment included
• Spacious dining room designed for high-volume service
• Built-in stage area perfect for live entertainment and events
• Private event capabilities
• Commercial zoning (Restaurant/Bar) with transferable liquor license available
Business Highlights:
• Previously successful BBQ restaurant with strong community reputation
• Shuttered only 9 months ago when operators relocated to Nevada
• All kitchen and bar equipment conveys with sale
• Requires minimal investment to reopen - cleaning and supplies only
• Well-populated area with limited dining alternatives
• High growth potential for BBQ concept revival or new restaurant theme
Financial Terms:
• Absolute auction format - property will sell to highest bidder
• Real estate included in sale (valued at $100,000)
• 10% down payment required on auction day
• Cash closing required
This turnkey opportunity offers immediate revenue potential for experienced restaurateurs or hospitality investors. The combination of complete equipment, prime location, and established infrastructure makes this an ideal acquisition for operators seeking rapid market entry in a underserved dining market.
Perfect for BBQ revival, family dining, or entertainment venue concepts. All equipment, fixtures, and real estate included - truly move-in ready for the right operator.
This established 5,115 square foot full-service restaurant presents an exceptional opportunity for immediate operation. Located in Elyria's Midway Mall area between US Route 2 and the Ohio Turnpike, this move-in-ready venue offers strategic positioning with limited local dining competition.
Property Features:
• Complete commercial kitchen with professional-grade cooking equipment
• Full bar area with all equipment included
• Spacious dining room designed for high-volume service
• Built-in stage area perfect for live entertainment and events
• Private event capabilities
• Commercial zoning (Restaurant/Bar) with transferable liquor license available
Business Highlights:
• Previously successful BBQ restaurant with strong community reputation
• Shuttered only 9 months ago when operators relocated to Nevada
• All kitchen and bar equipment conveys with sale
• Requires minimal investment to reopen - cleaning and supplies only
• Well-populated area with limited dining alternatives
• High growth potential for BBQ concept revival or new restaurant theme
Financial Terms:
• Absolute auction format - property will sell to highest bidder
• Real estate included in sale (valued at $100,000)
• 10% down payment required on auction day
• Cash closing required
This turnkey opportunity offers immediate revenue potential for experienced restaurateurs or hospitality investors. The combination of complete equipment, prime location, and established infrastructure makes this an ideal acquisition for operators seeking rapid market entry in a underserved dining market.
Perfect for BBQ revival, family dining, or entertainment venue concepts. All equipment, fixtures, and real estate included - truly move-in ready for the right operator.
About the Business
- Facilities & Assets
- Turnkey Restaurant — Absolute Auction at Midway Mall (Elyria, OH)
Discover a rare, move-in-ready restaurant offered at ABSOLUTE AUCTION — everything will sell on auction day. Perfect for an operator or investor seeking an immediate-revenue venue.
Key features
5,115 SF turnkey restaurant space with full commercial kitchen and bar
Large dining room designed for high-volume service and private events
Built-in stage area ideal for live music, entertainment, and dancing
Commercial-grade cooking line and equipment included
Zoned Restaurant/Bar (C) — liquor license available to transfer ownership
Located at Midway Mall, Elyria, OH — between US Rt 2 & OH Turnpike!!
Turnkey BBQ & bar with performance stage — fully equipped, high-capacity restaurant at
ABSOLUTE AUCTION.
Step into an operational venue with kitchen, bar, and banquet-ready dining — everything sells on auction day. Perfect for restaurateurs, hospitality investors, or entrepreneurs ready to scale immediately. - Market Outlook / Competition
- There are limited alternatives for dining in the immediate area. The area is well populated and an ew restaurant or rebirth of the BBQ theme would bode very well for the community and the new owner.
- Opportunities for Growth
- This location was known for great BBQ & food across the board. Operators packed up and moved to NV. Restaurant has only been shuttered for 9 months. A solid cleaning and new supplies and this restaurant could open next week. All kitchen equipment stays with the building. All bar area equipment stays with the building.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 5,115
About the Sale
- Seller Motivation
- retiring
- Financing Options
- cash at closing; 10% down on auction day
Listing Info
- ID
- 2502418
- Listing Views
- 54
Business Location
Listing ID: 2502418 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. See our full Terms of Use. Learn how to avoid scams.
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