Gabby's Place Bar and Restaurant

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Asking Price:
$80,000

Gross Revenue:
$565,000
Cash Flow:
$55,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$60,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$269,000
not included in asking price

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Business Description

PRICE REDUCED $40,000 - $20,000 on RE and $20,000 on Business !!! Confidential Offering - **Please be discreet and do not disturb the ongoing business or employees** Gabby's Place Bar and Restaurant an iconic Delaware business and location at Bunty Station Road and SR 315. Established approximately 70 years with current owner the past 28 years!! Features ''Delaware's finest Stromboli'', Salads, Subs, Wings, and Beer and Wine Carryout plus! Bar is Beer and Wine sales only. Only liquor license in Delaware Township! Approximately 2010 SF and patio in front on Olentangy River Road. Loyal clientele and well established. Sales volume is excess to $550K and profitable. MUST be sold in conjunction with the Real Estate which is priced at $269,000 and asking price of the package is $349,000. Financials available to qualified buyers with signed Non - Disclosure Agreement. Iconic - loyal clientele !!! May be possible to get on ballot for full liquor license. Carry - out/Grocery at this location for 70 plus years. Real Estate features 2,010 square feet on just under .6 acres at high traffic corner on SR 315

About the Business

Location:
Delaware, Ohio
Year Established:
1991
Number of Employees:
8
Real Estate:
Owned
Building Sq. Ft.:
2,010
Facilities:
2,010 SF freestanding building with Carry Out/Kitchen on one side and Bar/Restaurant on the other side. Patio out front of Bar/Restaurant side. Ample parking on .6 acre lot at corner of Bunty Staton and Olentangy River Road (SR 315) just south of SR 23 & 315 traffic light.
Website:
gabbysplacedelaware.com
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About the Sale

Reason For Selling:
Retiring after 28 years of ownership !!
Training/Support:
1 - 2 weeks

Listing Info

ID:
1554590
Ad Detail Views:
391

Attached Files Attachment Disclaimer

  GabbysPlace349.pdf (1 MB)
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Business Listed by

Greg J. Hrabcak, CCIM

HER Commercial RE Services
License# 0700310191

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