Iconic Cincinnati Restaurant – Substantial Price Adjustment

Asking Price$500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$10,000
Not included in asking price
FF&E$250,000
Included in asking price
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Iconic Cincinnati Restaurant – Substantial Price Adjustment


Asking Price$500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$10,000
Not included in asking price
FF&E$250,000
Included in asking price
Business Description
Imagine yourself owning a piece of Cincinnati's dining history. This isn't just another restaurant opportunity – it's your chance to step into an established upscale steakhouse that locals have treasured for years.

You'll love the prime downtown location that draws both special occasion diners and loyal regulars who keep coming back. The restaurant delivers that perfect balance of sophisticated dining with a welcoming atmosphere that makes guests feel at home.

Here's what makes this opportunity special: You're getting a completely turnkey operation. The previous owners have invested heavily in high-end furniture, fixtures, and equipment, so you won't need to worry about costly buildouts. Even better, the essential D5 and D6 liquor permits are included – saving you months of headaches and thousands in licensing fees.

The internationally inspired steakhouse concept has proven itself in this market. You'll inherit an established customer base that already knows and loves what this restaurant offers. Think about it – no need to build brand recognition from scratch or wonder if your concept will work. The hard part is already done.

This is perfect for you if you're an experienced restaurant operator looking for your next venture, part of a hospitality group seeking expansion, or an investor who understands the value of a proven concept. The Cincinnati market is strong, and this restaurant has found its place within it.

With substantial price adjustments recently made, you're looking at an opportunity that rarely comes available. Established restaurants like this – with permits, equipment, reputation, and customer base intact – don't hit the market often.

You'll step into a business that's ready to operate from day one, with systems and staff who know how to deliver the elevated dining experience that keeps customers returning. This is your chance to own a respected name in Cincinnati's competitive restaurant scene.
About the Business
Years in Operation
9
Employees
33 (8 Full-time, 25 Part-time)
Chef and GM on site
Facilities & Assets
The Steakhouse operates from a professionally designed restaurant and bar facility featuring a high-quality buildout suited for upscale dining and high-volume service. The space includes a fully equipped commercial kitchen, multiple bar service areas, and a well-appointed dining room with premium finishes. The operation includes all furniture, fixtures, and equipment (FF&E) required for continued operations, along with D5 and D6 liquor permits, making this a turnkey opportunity.
Market Outlook / Competition
The business operates in a strong urban Cincinnati market supported by dense residential populations, tourism, corporate activity, and event-driven traffic. Demand for upscale dining remains consistent, particularly for well-established concepts. While the market is competitive, few restaurants offer a comparable combination of longevity, quality execution, and upscale positioning, allowing the business to maintain a defensible presence within the local dining landscape.
Opportunities for Growth
Opportunities for growth include expanding chef-driven menu offerings, enhancing the craft cocktail and wine program, and increasing private dining and full-venue buyouts. Additional upside exists through targeted marketing, special events, extended service hours, and operational efficiencies. The existing infrastructure allows for revenue growth without significant additional capital investment.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
5,000
Rent
$9,247.00 per month
About the Sale
Seller Motivation
Owner has other business ventures.
Transition Support
Owners will provide on-site training through key staff and management if necessary.
Listing Info
ID
2267106
Listing Views
3077

Contact Seller

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Business Listed by: Brett Post 3CRE Advisors

Listing ID: 2267106 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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